Mortgage fraud is a serious crime, and one punished by significant penalties.

They punished anybody who tried to join them but would eventually let them in.

Who from the gov is going to come after the wholesaler and what are the punishments/enforcements?

The short hold time will punish you for overpaying. 

Filing without same is punishable by fine, restitution and jail.Multiple demonstratable falsehoods on lien description, including that no issues were found, scope was met, and was prevented from returning.

I work with several real STR lenders in general, but the one or two that will lend on rural are going to "punish" you for it. 

They just didn't do their diligence, and they got punished for it.

Time to convince old clients to be investors.Perfect storm brewing that will reward investors and punish non-owners. 

It's difficult to justify investing in a state that wants to punish you for doing so.  

Now if you're a glutton for punishment, don't mind cold calling and/or door knocking, have the gift of gab and/or are exceptionally outgoing, and have a war chest of money to spend on marketing and your own living expenses while not getting paid for months on end...then by all means become a real estate agent.