The way the ACPM scam works is this: Sandy puts unlicensed people in All County offices, that they've PAID her to open, and she gives them a song and dance about how easy property management is, they're going to make their fortunes off of the owners, etc. etc. etc.

No, it's illegal for someone unlicensed to do work over $500.

It should be noted, however, that claims for equivalency by unlicensed persons for activities which require a real estate license will not be considered.

They are often very close to being unlicensed Realtors and other times are very close to being predatory with homeowners.

The states definitely do not have the manpower to track down all the wholesalers, but if someone were to file a compliant an individual unlicensed wholesaler could be in trouble. 

Many regulators are considering assignments to be unlicensed real estate activity where, if you are doing a double close, you're taking title...albeit for 30 seconds...to the property and that's not going to usually require a license.

I need to do several renovations on some rental units and am evaluating two options.  1) Hire licensed contractors and pay $30k.  2) Hire an unlicensed contractor who has an excellent reputation and good references. 

Also, owners are usually very SHORT-SIGHTED when it comes to hiring contractors - ignoring the risks of hiring one that's unlicensed and uninsured!

You can have an attorney build/sign the lease and then you can manage the property as an unlicensed person as long as all guest stays are less than 30 days long.

Then there are the scammers that try and piggy back on another unlicensed brokers deal and make a cut.