Your advantage is not the restriction of information (as it was in days of old) but now, the dissemination of information, along with the interpretation.  

Don't really understand how license laws are interpreted in your local area, but you really think wholesaling is just fine everywhere.....right!

Assuming I am interpreting this all correctly, does this seem like a good deal? 

Attorneys that go to court often know the judges in their area and how the will likely interpret things when it goes to trial.No legal advice given.   

At around the 12 minute mark Samuel Guzik discusses what the SEC interpreted as a "qualified purchaser" under the SEC's proposed rules.  

So assuming many people have the same experience as me where vast majority of lenders/underwriters are interpreting FHA 90 day flip rule end date as the date contract is signed as opposed to date contract is executed (settlement date), how are people handling this when they're done with houses sub 90 days in markets with mainly FHA buyers?

I think there is common misperception, and implied interpretation that wholesaling is just a place to start in real estate.

Not that you are doing anything like that but you can see how it could be mis-interpreted if not clearly defined what your role in the transaction is.

We provide 24/7 interpretation over the phone, help them find and contract cellphones/cable/internet, find schools, provide translation at hospitals, and many other services to assist non-English speakers.One request we get a lot is help dealing with rental homes (both apartments and single family units).

Interpret at your own risk.