I think some min level of regulation benefits everyone, including wholesalers who currently operate in no man's land. 

@Shakthi Kamal read copy and paste advice below.For cashflow, you'll be looking at mostly Class C properties/tenants.Be SURE you UNDERSTAND what this means or your expectations won't match reality!

I do not know PL too much but I know it is the most popular for small unit count operators. 

If this was not the case, I would not be currently renting our 2 STR units out. 

Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.

So if your investing that full $200,000 getting that kind of return and you currently have almost no monthly expenses I would advise you to double down on what your doing and let it ride for as long as you can.

Currently have 5 flips and 3 new builds in progress.

If there isn't a meetup currently, you can start your own one.

But what’s MOST INTERESTING isSales Professional (Wealth Coach)(Remote - Independent Contractor)We are currently seeking confident and ambitious sales professionals to join our first-class team as we continue to expand throughout the country.

Look, we’d all like to search the internet, find a deal for sale, analyze the property as having a great cash flow at current interest rates, with lots of upside potential in a gentrifying market.