Ask for the "Deed Index" for a specific property address & owner name. 

so this is very state specific.. and at the end of the day.. the original owner takes on massive risk to their FICO and in states were they can get a monetary judgement on top of a foreclosure they risk that as well. 

In the lease agreement, you'll spell out the specifics, such as the time limit, purchase price etc.

Hey what exactly is an ibuyer I understand it’s someone found online but is there a site specifically for ibuyers?

Had a couple attempts where I made it far but frankly the market here has been so competitive it has led me to seek my fortune elsewhere, specifically in Chicago, where I have a good friend doing real estate. 

For example, if you made $200,000 from a sale of a home you can select a product in the identified market and then create an LLC (required) and then specifically identify that property as your OFZ property and ''park' your money there. 

What are specific questions I should ask when looking for a good company?

Again, speak to a CPA for advice specific to your situation.

would you focus on one specific type?

This contractor had a very specific task that they essentially defined.