Felony record affects business?

[Nicholas Bravo]

Awhile back I fell for a scam while trying to learn real estate. I didn't know what I was doing, did not do my due dilligence, and did a short stint in prison. I want to get back into learning about real estate investing, do some deals, and make some good money. I'm not the kind of person who's happy doing the 9-5 job, and do not think that just because i made a mistake I should be punished the rest of my life for it. Of course I have $300,000 that the state wants me to give them, and while to a great degree it was a victimless crime I do want to make money the right way. 

What challenges will a felony record bring in regards to doing real estate deals? thoughts and opinions welcome.