They daisy chain everything, lie, and that is the overwhelming majority.Of course wholesaling should need a license since you are doing transactions of hundreds of thousands of dollars of real estate.

So many PMs now try to work both sides of the transactions to make more money and this can hurt you.3.

At the end of the day, if it all works out, there will be no additional income shown on your tax return, you'll only be reporting the transaction for informational purposes and to prevent a notice.

A good custodian will be there to support you and provide education every step of the way; you may find you don't even really have the need for checkbook control (also a good option to ensure you're being extra careful following prohibited transaction rules).

The risk to the floor($0) is worth it, at scale, for some.Go check out other markets that are actually closer to the median price point, it's a lot less transactional.

I have searched online and found no company or market for this type of transaction.

Google "skip tracing" and hire a virtual assistant or call center to start dialing any property that last transacted for under a certain price point.

Are these good markets for fix and flip transactions within my budget nowadays?

It's so easy that you really don't need anyone, but an escrow company involved in the transaction, so you would be saving lots of money. 

Then the guest speaker started discussing some legal topics and I thought some of the advice was not great (since I handle real estate transactions on a small scale) so it turned me off a bit.