Don't pretend to know your state laws but it has gotten tougher to get Title and Escrow to cooperate in these types of deals.

Ron,To be clear, without intending to offend anyone; I personally do not believe there is a "right and legal way" to ethically wholesale real estate... without a license, and certainly not with a license.However, as with unlicensed property managers, the Ohio Division of Real Estate is reactive, not proactive in their enforcement; meaning that they only react when a complaint is filed.Like others have said, contract law allows people to assign a contract within the law... but that does not make it right to take a property from a widow for a fraction of its value when one is pretending to help her.Anyone who wants more info can PM me.

That's the reason so many people jump on wholesaling when they are starting out.So pretend you send out a bunch of marketing.  

Pretend like you bought them and see what happens. 

That way, if the are, they will freely admit it, and if they say they arent, I'll pretend that I must have mixed up the names.

Your target group is going to be very small, so you will want to just tell people it's likely a teardown so you don't waste your time with pretenders. 

What you don’t want to do is to re-market it and pretend you don’t know it’s in a flood zone.

If your duplex is in a bad area then expect it to be on the 10% side.In my opinion you should only be hiring a NARPM credentialed property manager so you avoid the pretenders and wanna-be managers. 

I have quite a few ideas in my mind, but definitely have no direction since I have no experience in REI filed.Also, in many TV shows they pretend RE to be very easy-money, which I am not convinced, yet.

She got away with the airbnb rentals for about 3 years until a disgruntled neighbor had a friend pretend to be a guest at her airbnb.