I like BP for entertainment purposes your correct I do not need BP per se for any kind of income....

Not illegal per se, but title companies won't do them because they can lead to all sorts of lawsuits involving disclosures and diligence.

The only Sched C income I put down was a wholesale assignment, the others are flips and rentals which I put on Sched E.Real estate professionals use Sch E and pay No SE tax. 

Been predicting this for 3 years now.Now mark my words. 2 years from now you will se people saying.."

Sorry for the mistake, Joe is right the ownership is transferred and not sold per se.

I was not concerned with profit per se.

I've never bought into the whole be a rich REI with no money or credit with very little risks.After 5 years of keeping my head in the game, now, I'm more experienced, per se.

Since I have never did a campaign I sort of wanted to take a "test drive" per se and get the hang of things before I spent more money out of my budget.

This thread has definitely run away, but amazingly still on topic, most of the time.Anyway, getting a license in my opinion is the best option, unless you do one of two things, if I followed the findings/advise on this thread correctly:1) Buy outright and then resell, (L/O, Wrap and Subject To was also mentioned but doesn't require purchase, per se), as in flipping.

So I'm not talking you out of it, or into it per se.