HOWEVER, once a regulatory scheme is in place, I am not in favor of people evading it.  

Don't get me wrong, my program has a whole plethora of marketing schemes but like I said, I'm a show me guy.

My first 2 deals were financed using a very expensive equity share type financing scheme.  

This has certainly been a valuable learning experience for me.I know I still got decades ahead of me to shine, so this is little bump isn't a big deal in the grand scheme of things.I did exercise my negotiation skills and we agreed on a 25% discounted price.

MKE Cty as anyone who lives here knows, has a judiciary biased far to the left, Waukesha Cty is far to the right in general, so I guess that says to me that you better follow the laws to the letter and expect little to no sympathy from judges and Petit had more than a few "horror stories" that day of some of them who despite the fairly significant changes from 2011, (which fixed a bunch of small, but still important issues, I think ALL to the landlord's side as well as a victory for common sense, loss for the small % of tenants who hurt all, sleazy scheming tenants who screw landlords badly) will bend over backwards to find any reason to screw the landlord by siding with the tenants who have already been screwing the landlord for months, thus the court case!

Trying to get them into an initial lease of less than a year so the two units can be readjusted (if desired) around the same time next year.Does it make sence to wholesale this property with both sides rented or does a vacant side not make a big difference in the scheme of things?

By no means is real estate a get rich quick scheme but there is a reason RE investing has created more millionaires than any other profession on earth.

Have you asked her the logic to her scheme?

You will either move on to some other get-rich-quick scheme,  or you will just get your damn license, like you should have in the first place.

OK I know that the name of a business does not have any impact on any success of the business and its minor in the grand scheme of things.