There legal basis is greatly reduced through proper disclosures contained in a properly drawn PPM.

*Quick wave to Keith* We used to live in Shrewsbury Hills before moving to Florida...Neil J - We are a Brokerage where all of our people are also investors.In Florida, it is as simple as a disclosure form.

Disclosure: I proved turnkey serviceLot's of turnkey folks on the site in all of the low barrier to entry markets.

Here in South Carolina, before having a "meaningful conversation" about real estate with a prospective client, agents are required to first.....Hand out a copy of the SC Agency Disclosure Brochure Discuss the various "forms of agency" offered to customers and clients.Failure to do so can potentially land the agent and agency in hot water due to an Ethics violation. 

Be professional, kind and understanding.Have empathy for them, understand their position, don't be greedy, make full disclosures and don't try to get over on anyone just so you can profit.

.), and there are bad points (disclosure, disclosure, risk of your Realtor status, disclosure, risk of your real estate license, disclosure, etc.

Don't expect much in the way of disclosures and do your due diligence. 

I will be happy to send you all the info you need on this one including the disclosures.  

, I just want to control your property and flip to someone else for a sandwich profit, I am a wholesaler - but am not a licensee.Are you ready with a controlling contract offer with all disclosures and terms to give you an equity position and right to flip?

Disclosure:  I am not an mortgage broker nor am I an investor but I am a licensed real estate agent in MA.question #1: You can pay for an appraisal but you can also work with a licensed real estate agent in your area to have them do a CMA (Comparable Market Analysis).