Wholesaling - Advice Needed

[Giovanni Brown]

Hello everyone! I am relatively new real estate investing but have done my fair share of researching and am now looking to start up my business centered around wholesaling then work my way up to Fix & Flips, Holds, and Rental properties. My area of interest is Southern California and Missouri. I am open to private messages or replies on this thread whatever is most convenient for you (also looking for advice from fellow wholesalers in these areas). So currently I am looking for someone who is experienced in wholesaling in these areas or anyone in general that may be able to offer advice on any of the following:

Legality - As wholesaling is legal "if you do it right" does anyone have insight on how to set up contracts to be compliant with real estate law in CA and MO

• Additionally for CA it seems as if their Law spells out the stipulations of being a real estate broker and limits "sales/exchanges/purchases etc. of property sales contracts" to 7 within a calendar year and anything over that requires a license. Has anyone faced a hiccup like this or had to deal with litigation if you have no license and do multiple deals ( ≥8 contracts) in a calendar year?