. _________________ will receive $_____________ of option monies paid to Seller as a fee for arranging this transaction.

I have done a lot of browsing turnkey property sites, and I have to say that the markup takes a lot of the gristle off of the transactions, not in all cases, but in many.My advice to you, based on what I am doing and have found useful so far, is to choose 1 market, contact 10 buyers agents, and interview them.

Meanwhile, I prefer to get the OP's original question.The role of a wholesaler is to act, not as a fiduciary to buyer and seller, but as an intermediary buyer to expedite a transaction.

Do you use Realtors for your transactions and do you recommend that I should be getting a real estate license?

I had to go through some crazy things to get to closing, both my buyers agent and mortgage banker said this was one of the more interesting transactions that they've done, my buyers agent even went as far as saying "If every transaction were this difficult, I would not be in the business".

Do I need to worry about sending a check to a title company that is no longer in the loop or will the transaction at closing handle the earnest money?  

There are two separate loans closing (1st & 2nd) at the same time in one transaction (the purchase or refinance).  

They started at $800/month and quickly escalated to $1200/month at which point I expressed some interest.Does anyone have experience with these transactions?

Is this a debt transaction or equity?

@David B.There is some benefit to using a Custodial Plan - it makes much harder for the participant to engage in a prohibited transaction.