In fact, I could easily see the Georgia legislature making a one word change to the statute to include "wholesaling" to change the face of this business model for anyone in this state (which is usually followed by other states).  

See this next link.http://www.ftc.gov/os/statutes/031224fcra.pdfHere is an excerpt (starts around page 55 of the PDF):Originally posted by FCRA:§ 615.

In NC, the first 5 seller financed properties are exempt per state statute, so personally I am not impacted like "professional" operators offering seller financing.

Gates was charged under state law or a municipal statute.

Go to the law library and study the case law relevant to the statutes.

See an attorney, don't do it yourself, I guarantee you'll miss stuff if you do. examine state statutes as to what happens under various events, if you want it done some other way, then address that up front.See an accountant and an attorney. :)

@Amos MilewskiThe statute is very clear.

However the very nature of your question seems to indicate that what you would like to do contravenes the purpose of the statute which likely means the Service would go the extra mile to enforce the letter of statute against you, and if that were insufficient invoke substance over form anti abuse provisions to prevent you from accomplishing what you desire.

Luckily, that was not the case.But, the eviction statute here makes an owner evict the supplemental tenants in a supplemental eviction action.

Very cryptic wording of the statute.