In that case more and more state real estate commissions are concluding that the wholesaler is in fact brokering real estate; if he does not possess a real estate broker license in that jurisdiction than he is violating the real estate licensure law.Hope this clarifies. 

If a note holder is unwilling to provide the above information, or at least most of it, then the chances that he is motivated to sell at a price that I am interested in buying is considerably lowered, to the extent that the chance of successfully concluding a deal is too low for me to spend any more time pursuing.

Banks are logical and not emotional (unlike sellers, who often think the property is worth more than it is, simply because of sweat equity, the memories they have there, and the list goes on, etc, etc).To conclude, always work with a real estate attorney who specializes in Short Sales.

A close friend of mine discussed this issue regarding a few SFH rental properties and her CPA reviewed her overall situation and concluded no need for LLCs.  

Those of us who chose real estate investing as our business vehicle, still get “high” from successfully concluding a “deal”.  

They make a deal, and then conclude "See, the foreclosure list is a great list".And when no deal is made... nothing.

Like you, I concluded it was more cost effective to build a new MF property rather than buy an old one.  

If for example a tenant contacts you on your personal cell despite being instructed to use your work number, politely remind them, conclude the call, and then return their call using the work number.Next, create a standard operating procedure with frequently asked questions and refer to it before and during a tenancy.

The gist of the call was his asking me a few questions, and then his explaining their turnkey process, and concluded with his offering to send me daily emails with the property of the day, for which, if interested, I could send in a contract to buy it.

and before you conclude yourself how much you'd qualify for, talk to a few different loan officers or brokers and ask.