This is the distinction most people make between wholesaling and Bird Dogging.

Making an offer on an unseen house is not as dangerous as it may seem.

Is that dangerous ground (as he may take the best deals for himself) or could I still get something out of it?

If the deal is under contract and you sell your rights in the contract then we are likely talking about the same thing even if one says flip and the other says wholesale.I am sure others will have views and maybe one person will have a really useful distinction.

This distinction has to do with the fact that one doesn't understand what a deal is and the other does.

I don't think these are good areas to invest just because there is so much inventory.I think counting on appreciation anywhere is a dangerous assumption right now, and for the next several years.

Setting up a deal that crashes and burns is not the same as making money.100% financing for high end properties sets off danger signals.You need to move the property.

I get the distinct impression that this board fosters that environment unlike other boards I have read.I'm married with small kids and was born and raised in California.

Obviously nothing dangerous.

The judge will look at the records and see that you do not operate as if the LLC is legally distinct from yourself.