The bottom line is that it's illegal for an unlicensed individual to accept money for "brokering" a transaction...and it is also illegal to advertise anything about a property you do not own...no images or advertisements for sale...you can, however, advertise a contract for sale.There are very few wholesalers in this city that are following those basic guidelines...so, in combination with the climate of the market, my personal prediction is that the hammer will drop soon...and these guys will be like shooting fish in a barrell.If you decide to wholesale, you can likely get by with breaking the rules without repercussion for now...but I would look to see what is happening in Oregon right now...so, it's only a matter of time.The sad part is the slime like vena jones-cox and others are charging newbies thousands of dollars on courses to promote an "illegal" activity...it's like teaching people how to speed at driving school...Best of luck

LOLthis is cut and paste from an email I got from Oregon Real Estate Agency I think its pretty clear what the laws and rules are in this state.State of Oregon - Real Estate AgencyFrances Hlawatsch | Financial InvestigatorBest regards,Thank you again for the information, if I have further questions for you during the investigation I will certainly reach out.The Agency is well aware that unlicensed “wholesalers” are rampant in our jurisdiction.

I see alot of unlicensed work going on and its really the developer's neck on the line, but im just a lonely architect who knows nothing in the construction field ;)when wearing the developer's hat, yes i get my maximum for the cheapest price , within reason of course, but that is why i have a leg up in the developing world :)in conclusion, i see both sides of the argument but it comes down to the bottom line and that's reality.

Austin continues to focus on cracking down on unlicensed short term operators. 

I have many stories of construction 'surprises' or unexpected costs from hiring or literally just giving money to unlicensed contractors.

(Under CA law, if you employ an unlicensed or improperly licensed contractor, “you” become the contractor and are thus responsible for all injuries or deaths on the work.)3.The contract that the contractor prepares and asks you to sign, is likely written by attorneys for the contractor, and is designed to protect the contractor, not you.

If we're in a bar, and I borrow $10 from you and I scrawl on a napkin that I'll pay you back $15 by Tuesday, you and I have developed an unlicensed, unregistered security.

Here is how I define lenders & yes I know it's imperfect because there are plenty exceptions.1) Institutional lender: banks, hedge funds, insurance companies etc.2) Corporate lender: Hard money lenders, licensed individual or corporate entity, usually using warehouse lines, or pooled & syndicated money lend.3) Private lender: unlicensed direct lender, a retired landlord, friends, family, neighbors, professionals, business owners, or executives with discretionary funds.

Consult one soon, do not take online advice from unlicensed people.

Photos, copies of police reports, repair estimates, etc.Regarding the PM, they may be using licensed & insured contractors vs. unlicensed and/or uninsured handyman.