I reported him and he got a cease and desist as well.https://www.richardhornsby.com/crimes/regulatory/unlicensed-practice-of-real-estate.htmlThese unlicensed brokers didn't do so well either:https://www.myfloridalicense.com/sto/unlicensedactivity/UnlicensedetailForm.asp?

If so and you are not a licensee that is ILLEGAL.https://www.richardhornsby.com/crimes/regulatory/unlicensed-practice-of-real-estate.htmlDid you put in BS escape clauses?

Here is a quick little info about unlicensed brokering in FL:https://www.richardhornsby.com/crimes/regulatory/unlicensed-practice-of-real-estate.htmlYour post sounds like the sellers did a poor job of qualifying you as a cash buyer LOL.

I am an investor, realtor and owner of a large property management company in Portland.The biggest factor to consider when investing in Portland is the regulatory environment and how it will impact you and your goals.Portland has new security deposit and screening criteria for residents that may make you pause.

Here is an attorney that can help guide you:https://www.richardhornsby.com/crimes/regulatory/unlicensed-practice-of-real-estate.htmlThe state of FL says bringing buyers and sellers together to make a middleman cut is BROKERING.

I am looking into cities that are favorable from a regulatory standpoint and a ROI standpoint that might be good for Airbnb.

The city of Omaha is currently going through a push for more regulatory oversight from certain interest groups in the city.

@Dean Fiacco - for point #2 you may want to consider a joint venture which helps you to avoid the significant fees associated with setting up a syndicate and it is also less onerous from a regulatory standpoint.

It would be interesting to have someone who knows about regulatory law weigh in.

Its a market/regulatory problem.