Over the years because of California insurance regulation policies, companies like State Farm were unable to raise premiums fast enough in these areas to meet the current insurance costs. 

Depends on your local rules and regulations, but in the state of Virginia such a practice is perfectly lawful.PS: Do not take model legal language and incorporate it into your contract unless such language comes from an attorney. 

These factors can impact the ability to develop or renovate a property and the tax implications of owning a property.Zoning RegulationsZoning regulations are laws that dictate how land can be used within a particular area.

Wholesaling as taught IE tie up with no ability to close and then assign is going to get regulated out of existence in most states its already happening and it is illegal today in Florida as well.But that all said. 

This type of financing is not regulated so it's really up to how the private money lender will structure the extensions. 

Those things turned-out to be very material, and even against rental regulations.

First I would see what the regulations are there especially if there are only a few listings. 

"I got access to the MLS, I am viewed as an expert with my license, I know and can follow the regulations better than most wholesalers and I got better sales skills"  If anything, there's just more competition.

@Jade Smith under your proposal, you would probably need an agent license to work with a broker.Hopefully, you have a copy of the regulations that allow your interpretation of California licensing requirements and didn't depend on someone's opinion:)

There is a difference between your acting as a HML and a partner, if you and he join together in an LLC you can act as the money partner making the loan internally in the company without being subject to lending regulations as an outside lender.