It is legal and very lucrative in some parts of the US. 

(e.g. peace w/ Israel, gambling legalization, etc.)

The seller has the two lots legally separated, but due to deed restriction imposed by the subdivision development, found that building a house on the “tennis court” lot was not allowable. 

On June 7th, we sent an itemized list of deductions via text; he responded on June 8th, disagreeing and threatening legal action.

If we bite off people’s heads when they admit disaster, it suppresses legitimate issues with these techniques. 

Has anyone else had this same issue?

A licensed agent can do all the things a wholesaler can do, and is a proven business model where the same hustle that any successful wholesaler brings to the table can be rewarded 10-fold more, with little in the way of legal obstacles.

I have just under five rental properties and I understand the legal benefits of creating an LLC (married to a lawyer).

@Kash Tacke legally, you would need architect drawings to get approval from Detroit Zoning Board.

Team of people watching notifications and contacting guests and if necessary going out to property to address issues.