They find some investor friendly realty and bam, now our enterprising (but broke) wholesaler buddy now has a realtors license, AND access to all the cool MLS reports that other realtors have. 

Our operating entity entity (S-corp) "Gray Capital Enterprises LLC" receives management and other fees from the project. 

For those of youwho aren't quite sure who I am speaking about, the link is as follows; http://www.simple-mans-guide-to-real-estate.com/The site says that his company is a non-profit organization and that they have an A+ with the better business bureau.

Allegedly, it will not be reported to any credit bureau.

Census Bureau, which regularly collects a variety of information about the population, including the age of homeowners, the estimated value of their homes, and how long it would take to accumulate a 20% down payment.

(example below)I can pull the Zoning code site - http://www.miamidade.gov/zoning/district-iu-c-industrial-conditional.asp however this doesn't explain exactly what can and can't be done (its very generic)LAND USE AND RESTRICTIONS Community Development District:NONE Community Redevelopment Area:NONE Empowerment Zone:NONE Enterprise Zone:NONE Urban Development:OUTSIDE URBAN DEVELOPMENT BOUNDARY Zoning Code:IU-C - INDUSTRIAL DISTRICT, CONDITIONAL Existing Land Use:802 - VACANT, PROTECTED, PRIVATELY-OWNED.

Both of these folks have lots of experience doing multi familyI used: Tim @ B&R Enterprises Certified Home Inspections and Consulting www.brhomeinspections.comfor a thing deal in Fairfield I used New Start Home InspectionsFor a deal I did in Oakland, but they are supposed to go all over I can't post the phone numbers PM me if you can't find them on google 

I'd imagine hiring a competent onsite manage to be critical in this type of enterprise, but I was hoping to hear about personal experiences from those that are far wiser to this than myself!

Originally posted by Fran Fagen:thank you Shana--- appreciate it I am going to keep trying-- tough, but I'm going to try to stay optimistic Fran I filed a complaint with Better Business Bureau, and am looking at Attorney General's site.

@Jeff Filali  This is the kind of crap that makes people like me despise the entire wholesale/contract flipping enterprise - and especially the gurus who make money teaching this garbage.The homeowners were seriously abused throughout this and they suffered very real damage.As to the sellers doing more due diligence, sure.