It isn't a loophole, it is just the tax law.

I have learned a lot about the process from listening to BP podcast and other sources, but I still don't know about Oregon's specific laws surrounding wholesaling. 

Check your state's laws about tenant possessions.

Quote from @Ingrid Hussey:First I would check with local and state laws on this...

California I believe can make it happen but the capital needed and rental laws make things a little more challenging

Although I am not a legal expert and am not familiar with Michigan state laws, I think a partition could be helpful if it leads to pleading your case in front of a judge who can ultimately decide.

The beauty of CA is the lenient ADU laws, the downside is the the entry point to get in. 

I am inclined to this option as it would allow me to return home to assist my parents and save money while pursuing my law degree.- Does anyone think this is a sound idea?

Some people make attempts at getting around this buy calling them "marketing fees" or some other obvious attempt at skating the law, but even if there is some loophole or potential way around it, anyone who is willing to pay that fee to an unlicensed person isn't the smartest person in my book because it's very risky, and no upside to the risk of it.

But all of these investments operate under highly regulated and constrained exemptions to securities law, and I have been told it is very difficult to do the above legally.