Any other advise is based on older regulations and interpretations, and are no longer relevant.Secondly, securities offerings must be REGISTERED with the SEC, unless they qualify for an exemption from registration.

Basically my interpretation is, they got a 2nd dog and got caught.

This comes down to the interpretation of the law and the legal definition of brokering.

Who can you recommend that will provide me accurate, quality results in a workable format with a quick turn-around that I can easily interpret, integrate, and scrub?

Not sure if this is the best place to get the feedback I'm looking for, but hopefully someone has a keyword filter up just in case.For those of you who buy from wholesalers on a regular or semi regular (open to interpretation) basis, what is your main driver?

I'd double check their interpretation of your gain as well.

Only time will reveal which interpretation is correct, but based on my reading, it appears that as of June 29, 2023 wholesaling would indeed necessitate a real estate license in Kentucky.

However I just got it a big row with the state of Oregon about how they decided to interpret the SAFE ACT. and the state of Oregon deems any loan on any 1 to 4 unit whether its owner occ or for commercial purpose to be under the safe act and NMLS license is required.

Who could I talk to to correctly/professionally interpret them if that's something I need help with?  

Maybe I've interpreted it wrong, but I'm a betting man and I bet I'm a lot closer to reality than your original post let on.Regardless, I still think having a piece of such a portfolio is a great accomplishment and hope you achieve your goal faster than you think possible.