Wholesaling is frowned upon by LREC, but if it is done correctly you have nothing to be concerned with.You can read the actual law here:  http://www.lrec.state.la.us/pages/license-law-upda...Here is a link to a newsletter from LREC regarding the subject:  http://www.lrec.state.la.us/files/March2015.pdfThe part of the newsletter related to wholesaling is as follows:"According to Louisiana license law, real estate activity that requires licensure is defined as any activity relating to any portion of a real estate transaction performed for another by any person, for a fee commission or with the expectation to receive valuable consideration for services.The LREC has recently received numerous inquiries regarding unlicensed real estate activity.

I never got to the point of putting out a physical sign because I found a suitable tenant within a week of posting the ads.I ended up getting a number of inquiries pretty quickly but I'm not sure where they found the ad since they all emailed directly.Thanks for everyone's input.  

Chester Pa Rehab Rental PropertyGreat College RentalAsking Price:$16,500Estimated Repairs:$20k-$25kAverage Rent Rate: $750/month3XX E. 20th St2Bd 1 bathSerious inquiries only!!

Secondly, I'd echo inquiries about source data as I'd love to be able to reference it when talking to investors.Thanks for the post!

Perhaps I could offer a perspective to your inquiries. 

I have never had to file a claim, but I have found them to be extremely friendly and responsive during any routine inquiry. http://www.affinitygm.com/

The inquiry was rehab related, I do apologize, but appreciate your response.

Hence this two part inquiry : Is there anything i can do proactively per this potential of being in the "tornado alley"? 

We have an office phone number and office email for tenants to contact and always make it clear that text and email inquiries will get the quickest response. 

Don't let them pull your credit until you decide which company to go with, if you have to many inquiries on your credit report, your score will drop.