This post does not constitute legal advice.

Unfortunately, we wrote tax caps in to our state constitution with referendum's available in the event of unusual circumstances, but it appears that the schools are using it as their own piggy bank instead of running in budget.

Cancellation penalties, and what constitutes default.

@Raymond Olivera-Suarez I would suggest learning what constitutes a “deal” analyze as many properties as you can using metrics that make sense for your path.  

Marketers typically sell in many different markets and often don't have staff in any of them, so you are taking third-hand info about the market you're investing in - again it's just another step of separation between you and your investment.I'd say you should do some more research here on BP about what constitutes a true full-service turnkey company (everything done by one company) and how to vet different providers and markets.

Family Trust owns - Family Holding Company - Series LLC has real property.Owning real property does not constitute doing business so an LLC in NY wont be required at least thats what I hear, still need to verify this with Pros.

For purposes hereof, occupancy by a roommate of an owner shall not constitute leasing.

Secondly, having a fully executed purchase and sales agreement with a seller does NOT constitute “equitable interest” in the property, you should look up the term to get its true definition as it relates to this topic.I do agree with you that getting a license is not necessary, I merely pointed it out as a good way for someone new to get started, it is not the end all be all you implied I said.

This might be a stupid question but what constitutes a partner?  

This is very true and where wholesalers have an opportunity to add value to a deal, that said, the wholesaler will still need to show proof of funds to seller and list agent if it is all cash, that bank statement can certainly be from a partner or private lender but from a hard money lender, it is still a loan and will require (in most cases) an appraisal and a loan approval, therefore, that would not constitute an all cash offer.