As for an attorney for closings, not sure why you would need that, but if you're looking for them, some title companies are actually run by attorneys who specialize in real estate and that might help you feel more comfortable.

I've actually seen properties like that in my immediate area.

I actually did something very similar but on a six year time line a month ago. 

Value in both sets of doors in city have risen approximately 60% as of today.Based upon my small sample size, rents and appreciation have actually increased at faster rate in my Oakland properties.I agree that the work to get the properties up to market rates is not as easy in Oakland, but it is possible with some effort. 

Actually, I responded to an house for sale built in 1970 a 3/2, 1186 sq ft with a  carport and a 10k sq ft lot.

I put an offer on a property that was a hoarder house, the only reason it was for sale was because his parents passed away, and all the siblings BESIDES the one that was actually living in the house wanted to sell it.  

He says that he can not afford to stay and will be out by the end of the month, but I am not convinced that he will actually move.

I have been looking in Pinellas County, but actually ended up purchasing a SFR to rehab in Pasco County.

Most cities want their cut of any actual business activity so you may need to get a license for fix and flips or wholesaling in addition to your LLC. 

Good question - we did purchase with the LLC as the actual customer but definitely had to personally guarantee the loan.