In Illinois you need a "Dealer License" to buy and sell a certain quantity of "titled" personal property per year.

I’m in this exact position the last 6 months and losing money now.  ...or, you could focus on quality instead of quantity. 

I recommend https://www.biggerpockets.com/... for additional advice on this front, but you’ll likely do ok if you follow my down and dirty method.I look for quantity over quality.

The federal asbestos rules trigger when disturb certain quantity of asbestos-containing materials (e.g. 35 cubic feet, 140 liner feet).

Usually, by utilizing salesmanship, in any or all it’s forms.Occasionally when a property has sit without an offer for a long time, or the seller is desperate, the seller might accept an offer from a wholesaler even if the property is represented by a broker.Successfully running a wholesale business requires finding a large quantity of FSBO highly motivated to sell leads; a working knowledge of real estate law, construction costs, property condition analysis; an understanding of mortgages, the local real estate market, and a familiarity of rehabbers requirements.

Properties are assets, they hold a quantifiable value and use, MONEY is not such a thing, it's value is based on the quantity of such int he system and therefore more of it created makes all in the system worth less BUT since a dollar bill can't change it's ink to read "sorry, now $0.97 bill... oh wait, $0.89 bill now" what happens is the assets of value GO UP.

Hello @Leo Chun,I think you're going about this the right way - phone calls, zoom meetings and the willingness to meet in person.Whats missing is the quality and quantity of contacts.

You buy it with the hard money, use the hard money to renovate, then rent it out, after it has been rented (typically banks want 6 months showing the cashflow), you refinance, pay the harmony lender back + interest, boom you now have a cash flowing property with very little money.As far as finding a lender, I always recommend looking local.  

.- Your unit revenue and quantity has to be sufficient to offset the "costs" your putting in.

They're not smoked in the quantities required to stain the walls brown or to make everything stink... not for lack of desire, I'm sure, but due to the expense.