what are the laws in CO regarding unlicensed wholesalers tying up property advertising it and collecting a fee at closing is that even legal in that state. ???

I've been reading up on the process to go from advertisement to signed lease.

When that’s not enough they go after personal assets, if your rental is in your personal name it’s targeted.

It did not make a loan, so that is false advertising, and the contract, which is the the mortgage, is based on fiction, otherwise known as fraud. 

Even if you joined a good mentoring program in another location, they will probably tell you to start building a team in your target market, so the end result is the same.Again, I can only speak firsthand of the Sumrok program, but I can tell you that Brad's students are absolutely doing the things you mentioned in your two bullet points.

I do not target a number I target a lifestyle.

How much profit you make depends largely on your targeted clientele and your property management. 

From google: “The Fair Housing Act (FHA) does not apply to certain types of rentals, including: Owner-occupied buildings: If the building has four or fewer units and is owned by the person who lives there Single-family homes: If the owner rents or sells the home without using a real estate agent, and they own no more than three homes Religious organizations: If the property is only available to members of the organization's religion Private clubs: If the property is only available to members of the club Senior housing: If the property is designated for people who are at least 55 years old Even if a property is exempt from the FHA, it must still comply with the law's ban on discriminatory statements, notices, or advertising.

How are they still advertising this? 

Yep I advertise on Gosection8 and CL, too.