When I think of reputable / national real estate companies most of them do better by diversifying geographically and taking the leap.

And you'll appreciate not getting sued (as often) and having your reputation tarnished by doing bad deals.Having your license is a good idea for one major reason: not getting investigated for unlicensed broker activity.

They want a high cap rate when the local to out of state buyers with an exchange with tax consequences are willing to buy lower on the cap rate.If they want value add they are also up against developers and other seasoned investors in the states with a long track record already and relationships with these sellers.

He is reputable and very active rehabber and wholesaler in the area.

He then proceeded to laugh that his partner was his cat.People like @Karen Rittenhouse and @Shawn Holsapple - both wholesalers who have been featured on the Podcast (Karen Episode 2 and Shawn Episode 136) - always close on properties they get under contract, even if they can't find a buyer.And yes, they've been doing this a while, have built up a reputation, and have funds available to make it happen.John's disdain for the wholesale concept is due to his experiences with people who aren't forthcoming and honest with the sellers. 

You can register an LLC in states other than where it was founded, but this runs into duplicated expenses.Custodians for SDRPs are plentiful, but you'll want to shop around by reputation and your own criteria.My $0.02 ...

Would def recommend finding a business/real estate attorney with a good reputation in FL. 

Neither the seller or the agent have to deal with the consequences of placing a poor tenant.Signed, Possible Pessimist

My sister works for a reputable property manager and we can get a good value for the service.

I'm ok with this "fee" if they are a reputable company.