So, the properties held as assets would either have their titles transferred to the DBA name of the holding LLC or transferred to an anonymous/blind trust, which would only list the name of the trustee.The idea is to simply make you NOT a good target for a lawsuit. 

(fyi properties that im doing these offers on average in the 50k & lower range, good areas but houses that need allot of work (something i enjoy) so they have been on the market for a pretty long time, a buyer with financing likely wouldnt be able to get a loan on them due to condition, so im not dealing with huge sums) @Jesse Waters  my theory that if I offer on houses I like which have been on the market for 6 months or more (some of them over a year) than some sellers may be happy to simply see any offer at all even if its 60% of asking in some cases.

The only difference is that instead of handing over a bunch of money for the loan, they simply "pledge" the money they have in the property for some period of time (so they don't think they have to come out of pocket with additional cash).  

RESPA simply states that agents can't be compensated for bringing a client to a lender.  

@Burns Mulhearn , I think you simply need to ask yourself 2 questions:1) Do I want to get involved with real estate investing/buy and hold?  

So, say it needs $20K in work, and assuming it is truly worth $250K (though I wouldn't simply trust an appraisal), then a good deal is 0.7 * $250K - $20K = $175K - $20K = $155K.It may be deal deal even at 80% ARV minus repairs to some people.If you can't bring any money to the table, then you'll likely need to try to partner with a wholesaler and get it as low as 65% ARV minus repairs in order to get a wholesale fee out of it.

I currently put an offer in on what is soon to be my primary residence, and will be moving out of my current rental home that I've been in for the past 5 years. 2 years ago the owner of the rental, who has owned the house since it was built 10 years ago, disclosed that he wanted to get rid of the home and said he would be happy if he could simply break even. 

I am simply looking for the best way to get them out of the property.In my underwriting, I never counted on seeing one cent from these tenants.

Comps are simply what other houses(similar configuration, age, square footage, geographical area) have sold for. 

Professionals who hold state licenses are simply required to hold that license, no testing required.