MJ, as mentioned in another post, I deal mainly in Japan, simply because I love the safe, hassle-free business environment (nobody screws anybody, tenants never harm a property intentionally and are rarely late, and tend to stay 4-5 years on average, with 15-20 year tenants not uncommon too) - but I hear if you spend some time researching and building connections, China's just as good cashflow wise (not nearly as hassle free, but also has growth potential, which Japan is severely lacking in).

John,I don't consider that you are trying to be deceptive - at least not in a way that is harmful.

Because they are afraid of the answer and cognitive bias takes control searching for the answers they want to hear.So, you really don't want the correct answer, these threads simply are made to create a debate among those who aren't qualified to give a correct answer for your state or community.Those that will study business law, real estate law, the principles of law not just statutes, may find the basis for the opinion of wholesaling being "illegal" it may not be the fundamentals of a transaction as much as the tactics used, misleading, lying, deceptive practices, lack of good faith, ethical matters and the harm caused by the unknowing, educationally deficient and/or any intentional scammers.

Sorry if I came off a little abrasive on this post no harm meant

They get pissed because they get caught in not actually doing their homework, but they can't back down from their initial position because they think it will harm their reputation with their client....

The tenant/buyer has a financial interest in the property so they tend to pay on time, care for the house, make repairs when needed and it is very rare in my experience that they do any harm to the property.

Hi John,NO AMOUNT of possible financial gain is worth putting yourself in harms way.Tell them before meeting at the property you have to meet at a public place at a copy business where you can copy down their drivers license and other information.

Usually when you hear people talking about ethics they are bad mouthing someone else because they are losers and don't have much else to do.Do no harm is the best motto.

Thanks for putting yourself in harm's way for the nation.Austin is currently my favorite investment city, but not for cash flow.

When damage is caused by misuse or neglect, rather than as a consequence solely of normal and reasonable wear.a.)When sanitary napkins, garbage, grease, or foreign or harmful substances are placed into plumbing receptacles.b.)When damage results from activities or actions, which violate this agreement by Tenant or Tenant's guest(s).c.)When damage is caused by wind, rain, or other elements from leaving windows open or by the overflow of water in the property. d.)When and if the premises are burglarized or broken into. e.)Tenant agrees to be responsible for the cost of:i.all pest controlii.snow removaliii.any broken glass, no matter how it gets brokeniv.any broken door or lock - including storm doors, no matter how it gets broken.