Instead, new Owners will be paying for prior Owner's use of the siding PLUS paying to set aside funding for the next siding replacement.It is critical to understand and properly interpret the Operating Budget, and especially the Reserve Funding Plan.

The interpretation of market ratings (A-D) is very subjective and opinionated from one person to the next.

I'm not sure what you do, but it might be a thought to let tax experts offer up true, legitimate "my license is on the line if I give public advice that is illegal" advice that is the product of literally decades of experience working with the IRS and interpreting the tax code for my clients. 

Again that's my interpretation..of course I could be wrong..

I help underwrite, interpret data, regulations, and have a pulse on what makes an STR the first click in a sea of other listings. 

Ill let you interpret what way im referring to.......

@Michael Quarles not sure what you interpreted to be "whimpiness".

The validity, interpretation, and performance of this Agreement shall be controlled by and construed under the laws of the State of California. 20.

As to the OP and our legal poster, obviously can't interpret licensing law, I might just call the IL REC and ask if I can go wholesale, just t make sure.There are ways of wholesaling, but I'll stick to my guns, not one single guru, coach or mentor teaching wholesaling with sale contracts is compliant, on the legal or ethical side. 

I just comment on what my personal interpretations of the Real Estate licensing laws are.Mississippi is another state that if your not in title they will shut you down.