My reference was the fact that wholesalers are focused on doing large quantities of deals, therefore we don't have time to play with pre-approval letters and lenders that can't analyze a deal within 3 weeks, so it can close in 4 weeks. 

I also buy from one broker, a competitor who I trust, is a friend and helped me during 2009 and 2010 while I was recovering from my heart surgery, stroke and re-learning how to walk, read, etc.For servicing, I use FCI and Del Toro and I'm about to begin using a new company owned by Trustee Corps in Irvine, CA, Harmony.

Well first (from an investors point of view), if I'm planning on doing multiple deals using "mortgage wraps" and/or "mortgage assumption/payment" strategies that creates quantities of "promissory notes and mortgages" for others; ...for my sole purpose of making money from these strategies, can I be considered to be an "unlicensed loan originator"?

Even if it isn't a high quantity, the consistency is whats important.

For the same amount of money in an upmarket, a note investor could acquire a larger quantity of assets than they could in a down market.

Also to contribute to that point is the economy there is not strong and islanders are leaving (in large quantities) to the mainland.Curious as to other peoples thoughts?

Many closings have been held up by misinformed lenders, but it scary you found so many.As far as quantity of properties.

@Antoine Martel I wasn't sending this in any kind of large quantity; just to a small list of specific people. 

There is a different market in Lake Harmony then there is in say pocono pines.

Las Vegas uses less than their allotted quantity from Lake Mead and have created systems to manage the water we do have.