First you don't try and sell the houses yourself, you use a real estate company and have all of the deeds done by a title company or a real estate attorney. Next you want to do a title search on any property you are going to buy.
As for the contract, you want to have a local attoreny write up a basic agreement that both you and the seller will agree to. You will find unless you are paying enough down most sellers will not be interested in a contract for deed. They are used more than anything for a seller who does this instead of renting, gets a larger down payment, expecting to take it back and resale it. The main profit in contract for deeds is resaling the same house several times.
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