Texas and Florida are famous for unlimited homestead exemption; Federal law requires ownership of a homestead in that state for 39 months for this protection to extend to bankruptcy.  

Real estate agents have been able to wholesale properties over the years, as long as they disclose to the seller their intentions and that they are acting as individuals and not representing the seller in any way as an agent, and they need to have the agreement signed.I agree, states are putting restrictions like South Carolina, we just have to adapt and follow the rules there and every state will have their own rules too, so as long as you follow what each state requires, wholesaling will be okReal estate agents had the famous 6% commission, then they had to adapt and follow the new rules too

@Jeremy BelandHarry Helmsley (pre Leona) was famous for NEVER renegotiating a deal.  

He stated they also have misunderstood the application of the law, and in doing so, made a hasty response to his request that they notify the tenant which leaves them open to a claim against them. . should anything go wrong. 

No cash from me boo.”Also, LPs can share their experiences and let the GPs who so badly want to become famous have their wish come true… in the context of disclosing their returns to LPs.

Quote from @Devin James: @Jon K.The average return is not the same as an annualized return, as it ignores compounding.Your calculation takes compounding into account.https://www.investopedia.com/terms/a/averagereturn.asp#:~:text=Key%20Takeaways-,The%20average%20return%20is%20the%20simple%20mathematical%20average%20of%20a,return%2C%20as%20it%20ignores%20compounding.Links to the formula for ARR, which was the subject of your original post unless I misunderstood you.https://www.investopedia.com/terms/a/arr.asphttps://www.adventuresincre.com/glossary/average-rate-returnhttps://www.highradius.com/resources/Blog/accounting-rate-of...

. -  these are like the famous “Nigerian Scam” , i.e., “my cousin is the Prince of Nigeria and has $2 billion tied up in petrodollars; if you send me $20k US I will share half with you when he receives it” 2.

This leads to the famous "g wagon write off" which a lot of our real estate brothers and sisters are interested in doing 

Like everything else that has potential benefits, it is badly overhyped and misunderstood.

Hi Doug, after reading your question again I think I misunderstood--are you asking if the local MLS can force you to be a member of the National Realtor's Association?