Legislative ALERT ACTION NEEDED NOW!

Without further federal extensions of the law, the states were left to create their own legislation to fill the void.

However, on the plus side new legislation makes it quite practical for even relatively small sums of money to be raised in compliance.  

@Brent CoombsOld saying, you can't legislate morality. 

It's the perceived job security over something uncertain. 

Most brokers I'm certain will not allow an agent to use a sale contract to wholesale as is common with newbies.We cannot legislate morality but the courts may apply morale judgment to protect the public and they do.

I'm not aware of any recent legislation or litigation in NC that would eliminate wholesaling as a viable exit strategy.  

Or, more bluntly, do you want your tenant earning twice as much per month from your property as you, while you shoulder the risk and liability of operating without the necessary licences or insurance and in possible violation of legislation or regulation?

They were from own experience with RE and my sitting down and reading the 80 pages of legislation dealing with RE in FL.  

It's to give more money to sacramento legislators to play with