The BK is over and discharged 1 year ago but no NOD or title transfer during or after the BK has been filed.

I have spent 14 years as a paralegal and I am aware that the courts hold agents to a higher standard than investors that are not licensed when cases are litigated (I worked for a firm that represented Rice).

Some people says its better to use Standard CAR contracts and other say investor contracts are better so which way would be the best route to go for doing deals wholesaling???

The only way to know is to read the contract.What they have done is to eliminate the responsibility of the settlement agent to ensure the terms and agreements contracted have been met, they can't be responsible for something they have no knowledge of.Your title insurance is an insured closing, meaning the title insurance covers errors and omissions in the closing and settlement according to the contract as agreed, if they don't get the contract they can't ensure terms were met and they won't insure any error in missing something not disclosed.IMO, your settlement agent and title insurance company are avoiding risks by simply accepting instructions and basically performing only an accounting and administrative function of filing and document collection along with tax filings.

Settlement is pretty easy but there are compliance matters and filings on real property or UCC on personal property.

If I made a cash offer on this exact property as a buyer, using the 50% rule and 10% cap rate, which is standard in our location, it would be $1070*50% * 12mon / 10%cap = $65k.

If one is willing to take the passage above literally I would think it would just need to pass some sort of reasonable man standard.

Once an eviction has been filed, I know that will be on their record, but does that record show up on their credit?

I'm looking for anything that is more efficient than filling out the standard 12 page contract for a listed property.

I need to set up some entities since i'm filing everything under sole proprietorship.