Anyway don't know if their are regulations for that.So how do people normally do it?

(This is true especially in subdivision development where the developer must undoubtedly meet requirements of the Illinois Plat Act and any other applicable local regulations before the land can be successfully subdivided, which specific requirements will not be addressed for purposes of this question).On the other hand, the developer could advertise what he does have for sale.

What kind of entity are they and who regulates them, such as a bank or secondary market servicer? 

It's probably not fair but it's legal.There are numerous benefits to renting to a good cop.

And you know what my attorney and his team were busy with numerous other cases involving real estate fraud.

Why is the practice of real estate so heavily regulated?

There have been numerous posts as to why this is not longer a workable strategy so my suggestion is to find them here on BP and read them to understand why it is no longer workable.As a side note, who would charge only $250-$400 per deal?

Most people do Not realize that when you form an LLC there is A LOT of rules, regulations, paperwork, procedures, etc. 

I have tried numerous times to get ahold of the seller so we can arrange shipment of the remains but at this point I have not had any luck getting ahold of him.  

The boot camp is doing you no good service forcing you to purchase something you do not understand the liability and regulation around prior to ownership.