Folks having been buying real estate without a Wyoming LLC for a long time......

I sold quite a few parcels to folks growing weed illegally.

It tough to compete with you experiences folks!

Thanks folks.

Be sure your lender is comfortable with this, as many fear giving folks primary loans for properties they view as having a high probability of being turned into a purely investment.

this is the same in all markets .. guru constantly pumping new folks to wholesale .. for every 3 that enter 3 then quit but it mucks it up. 

I think partially because a lot of folks don’t even check it.If you’re interested in getting more off market deals I would suggest starting relationships with brokers that sell the types of properties you’re interested in.

Most of the buyers are just regular folks looking for a home, so they are not at all thinking about cap rates. 

These folks do not need to be licensed but there are limits on what they can and can't do, and they have to be salaried employees of the owner or report to a licensed property manager.

I think a lot of people like those on the Forum are entrepenurial thinkers and can design ok on their own, but of course there are some people who cannot design a doghouse and will need you for the whole project, lots of those folks out there..... :-)