Quote from @Francisco Solano: I suggest you ask a business attorney in your state for this basic template.

That lasted a few months, but the REC recently released a new bulletin clarifying the legislation and basically saying that bill was meant to stop all forms of "wholesaling" as a business practice. 

@Drake BackmanBigger Pockets is a great place to find a tax strategist specializing in real estate taxation.A good real estate tax strategist can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding a tax  strategist specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your tax strategist remotely to expand your options.I would also recommend looking for a tax strategist willing to work with you throughout the year.

Over the past 15+ years in this business, i have seen the good, the bad, and the ugly. 

Business justification of LLC-B --> This is can be a problem.

It's not good to burn bridges in this business, and we agents do a lot of free work that we never get paid for.

  :)   There's so many Gurus pitching this and that without mentioning the risks to them and to the buyers.So glad to hear re your business model being fair to the buyer.   

His team is adding a course on buying businesses, and they are also working on adding Real Estate College Semesters and learning badges. 

We're also seeking to buy a local (Raleigh / Durham) property management company to expand that business more rapidly.

Hi @Nancy Cho happy to connect and talk business.