What if he is living there and can't pass a BGC and that's why he is under the radar?

Quote from @Dan Heuschele: Quote from @Gene Hacker: I am not sure if it will pass but California is trying to pass a 15% STR tax.  

Originally posted by @Joel Owens:The reality is people with no money see wholesaling as a way to make a quick buck.Heck even getting licensed you have to go through a school and pass a test and then take a state test to pass.

To be fully licensed, you must pass a test and pay about $350.

I put in my ad " this property will not pass a section 8 inspection "

Once someone answers all of the questions and pass a thorough background check (social media, county websites, past employments etc.) we will move forward.

The LLC could be owned by his wife, and he'd be the employee (maybe, but I doubt it'd pass a sniff test), but all the LLC income would show up on her return (or theirs if filing jointly), so effectively it's close to the same thing as not being an employee.If he's the sole member of the LLC, he can't also pay himself a salary, since the LLC is disregarded in his case.

I am a degreed mathematician.. you will realize that the probability of success sending letters is ... wait for it... send ONE form of letter to ALL your people in your list..What is the best way to pass a multiple choice test when you didn't study (other than spying on my results?)

.  ,,, they need not pass a test , are not state regulated and have to adhere to a code of ethics apart from what ever the conscience tells them...  

Hi Sarah:  A DSCR loan is a good alternative if you have 20 percent down and you do not want to, or can not pass, a complete mortgage underwrite.