You have to write a check and cash a check for the 8%... that would be the appeal.

Once I find a motivated seller and I want to put in an offer, should I just print out the California state contract and write it up myself?

If someone accidentally writes a check to you for the business and you sign it over and deposit it in the business would not be an issue.  

If you have access to $30k homes, can afford the costs of renovation and the costs of the resale while remaining profitable you're only a "friends and family round" away from being in business.This is a sum of money that banks are just not going to write short term debt on without excellent credit and collateral.

Funny but perhaps confusing @Brent Coombs.Just to help clarify what I perceive your point to be is that if the home is so underwater that the bank is willing to write off a portion of their loan if you just find them a buyer WHO CARES how it cashflows out in rents?

I never said the poster IS breaking the law, you read that into my writings as you wanted to.My statements are to point out that selling at some significantly higher price than something is actually worth is getting into predatory practices, obviously you didn't read the links I took an hour to find for you. 

The customer writes the check . 

Many people will lend on real estate and most title companies can write up the documents. 

Review the verbal agreement you both agreed to and put it in writing.

In Washington they would need to go to the department of licensing and fill out a affidavit for lost title which would function as a temporary title until the replacement comes.