I can tell you from my perspective, I would only partner with someone who either had 1) capital that I need for my intended project, or 2) someone who brought substantial experience that I don't have, including a track record of success.Basically, if you aren't going to bring your money to the table, you better have a great sales presentation on why you are the most knowledgeable person around and how that will increase my ROI.

That way if you encounter resistance in the future, you can show perspective tenants the video. 

It is a passive activity from a tax perspective.

Generally speaking, from a common law perspective, if the lease was between different parties (LLC and Tenant) and now it needs to be in different names (OP and Tenant) then the lease agreement needs re-execution.

But you all have helped me gain some perspective, thank you.Most of you seem to think that, even if I were to get a judgment against the tenant for reimbursement of damages (beyond the amount of the security deposit), the chance of me actually getting that above-and-beyond amount are slim.

Nor the freshness of the cake.

If you create a new company for each property you buy wouldn't financing be extremely difficult considering you are starting off with a fresh slate?

BUT so grateful to hear your story and definitely puts a lot in perspective.  

Doing internet searches and having many resources of other wholesale investors like myself is not beneficial because once I find it and it is being marketed, this means that it is already being stepped on and another wholesaler like myself already has it marketed with their fee already attached.Can anyone give me advice on finding good deals that deal directly with home owners fresh off the press.

That made a big decision on me leaving my job ASAP.To dig more into the exact question you're asking from a business perspective, I feel that the time I spend at my w2 job now is actually COSTING me money in dollars.