And on that note, as a buyer in California, make sure to get a form called "FIRPTA" (Foreign Investment in Real Property Tax Act) or "QS" (Qualified substitute) through escrow to protect yourself from the tax liability!

To add to his sound reasoning based on population sizes, we must consider the percentage of persons who read but don't act (or don't act much).

>It was to my understanding that if you have a purchase agreement with the seller, that gives you "equity interest" in the property which shields you from being charged for practicing without a license because it would be no different than if the owner decided to sell the home themselves.A plain reading of Ohio law exempts only transactions involving "real estate owned" by the actor.

In other words, as a famous actor once said, "show me the money". 

Another way is to use a trust to wholesale and it too is perfectly legal, moral, and ethical so long as the wholesaler does not act or do anything to the contrary.Now, with that all cleared up, I do agree 100% with Ben when he speaks about closing the transaction as a wholesaler no matter what, in other words, have other options to close if you DON'T find that buyer.

Fire X Lightning X Explosion (includes Sonic Boom and Water Hammer) X Windstorm and Hail X Smoke X Aircraft and Vehicles X Riot or Civil Commotion X Volcanic Action X Sprinkler Leakage X Sinkhole Collapse X Vandalism/ Malicious Mischief Where Special Form covers all of these plus a few others you may want.Falling ObjectsWeight of Ice & SnowWater DamageTheftCollapseThere are many cases where going with Basic Form makes sense and other where Special Form may be a better choice. 

have started seeing more and more landlords in socal suburbs actually declaring in ads that they prefer or give 'priority' to sec 8 applicants.considering sec 8 is a 'program' providing an need-based housing voucher deemed countable as 'income'* for 'low-income residents', would preferring applicants of a type of income (in this case, the low-income housing voucher program called section 8) be in violation of FHA act or other federal or state (in my case, CA) statutes?

This one can be difficult for an agent to explain because of the Sherman Antitrust act (or at least, based on what my broker says I can or cannot say because of it) which makes it a potentially tricky situation.Personally, when people start to ask I lead with the fact that legally I can't discuss XYZ details because of ABC Law, then explain as much as is appropriate.One method is guide the listing conversations so that they describe their services before they talk price.  

That isn’t the case in all markets though.5)  Finally, it would be foolish to ignore the fact that there are loads of opportunities for a dishonest actor to cause harm, especially on the maintenance side: Defer maintenance, Bill for Maintenance never engaged, Request unnecessary maintenance or Mark maintenance up excessively, etc.

Upon talking with the neighbors you find out the police got called because the current home owners went in an maliciously trashed  the house and made a bunch of noise in doing so.