But you need to learn all about landlord/tenant laws, how to do basic repairs, know what average labor and material costs are for common projects. learn about payment systems, how to interview property managers, tenants and handyman services, build a team of realtors, contractors, title, hard/private money lenders, inspectors, appraisers and soooo much more. 

Contact a law firm that specialize in clearing titles. 

@Andrew CosmeYou should close just as if it was a normal sale and get a title company to create the loan docs, get title insurance and sell you the property.I strongly recommend you go through a title company and do not do a closing that was based on docs found online etc.

Before I looked at the deal, here's what I asked from him:The purchase and sale agreementRehab breakdown documentation2 HUD statements of previous dealsDeal info (Property profile, funding, security, repayment plan, etc.)Title company involved in the transactionWhat I also asked for was a term sheet from the hard money lender that was lending at first position.

Anyone knows of a few wholesale friendly title companies in Columbus area?

If you plan to do this, best to tell your lender so they can document that you own the LLC so title stays the same. 

That's a bit of a blurry title though, I'm not against coaching or paid coaching.

You have to figure out a few things like seller buy out strategy, Cash out stoppage on a refinance if not on title, balloon, buy out clause, time frame in whic he/she wants to be paid or removed form title.

I still have equitable interest in the property, by virtue that I've deposited $4500 to the title company.

The options I purchased were all for 12 months or less, and I recorded them to put on notice anyone , especially a title company, thinking of purchasing the property during my option period.