You will want your vendor agreement to confirm their status as an independent contractor but workers comp insurance policies apply to companies that have employees and I believe is required in all states besides TX (don't quote me on that).

With rent control laws in Los Angeles, as I see it, options to increase rents consist of:a) Cash for keys.

The one side of the house w 3 bedrooms is already ADA compliant with wide hall and doors to include community ada bath.In the next year or so, I'd like to rent out to assisted living company or the like.Any advice is greatly appreciate and anyone interested, pls let me know.Thx!

He is telling me that I am still covered and that he will call the insurance company on speakerphone so that I can verify coverage.

A title company can do a simple lien search to find out what is attached to the property too. 

It's basically the same thing as what these other company's charge. 

I've been doing some research and came across a company called WholesaleShelfCorporations.com that specializes in providing aged entities.Before making a decision, I would like to hear from those who have actual experience with it.

@Sylvester Hardison Contact a couple independent insurance companies in the town the property is located in and get quotes.

Only thing I would add is that there are certainly investor friendly T/E companies that have worked with wholesalers before and I would look to use them if it were my first transaction as they can be really helpful in walking you through it once you actually have a deal in place.

Hi Margarita-Great question.There are many mental blocks and friction points to buying your first property.First off, just buying property outside of a first or second home to use is not done by most people and buying your first home is a major purchase for most people.That means the people in our immediate sphere of influence are not thinking about buying investment property, they see it as risky and out of a sense of protecting you or themselves encourage you not to do it.I remember having the same mental blocks and fears you probably do thinking about buying your first property or first investment property.The most critical thing to overcoming these mental blocks is self education and surrounding yourself with the best team of people to help you.An investor friendly Realtor who can refer you to an investor friendly lender, title company or closing office, property inspector, property manager, and insurance agent.Real estate is relational and having the best team will keep you out of the weeds.To Your Success!