Legal issues with a licensed agent wholesaling in California

[Frank Perkins]

I'm a licensed real estate agent in California, but I also have a W-2 job as my primary source of income. I'm wondering if there are any legal issues involved with wholesaling or personally buying an off-market property. I'm trying to avoid being sued 6-12 months after wholesaling or flipping a property that was bought off-market and well below market value when "As a licensed agent you knew the property could sell for more if listed on the MLS". Would a simple disclosure that I do have a real estate license be sufficient?

Thank you BP community!