I asked the state of Oregon this question and this was the answer pretty much every state has the same laws on the books.. its just up to each state how or if they will enforce them.. the equitable interest theory is just that.. does not hold up if your taken to the matt.what does work is the sub too come into title and resell that works..this regulator went on to tell me on the phone that double closings they see as prima facia evidence of selling real estate without a license IE they see one party come into title and flip same day they then make the assumption that they had to market the property they did not own to some buyer in some manner IE e mail blast craigs list etc.. and she went on to say that they see it as some sort of fraud now I did not get that.. but I asked her specifically because I have been a party to these transactional and will no longer do them.

@Rick Santasiere  why are you licensed.I got sick of this argument and contacted my State ( Oregon regulator )  Sent her an e mail blast I got from someone who is not licensed who was trying to assign a contract. here is her reply I copied and paste it."

I do not put any weight in that equation. 

(In today's world you can send them a bill via E-mail in QuickBooks, so no stamps or envelope needed anymore if your tenants have a computer, and I don't know of any tenant who doesn't.  

I never heard the term turn key  in relation to Real estate investing untill about three days ago here on bigger pockets  I've actually been toying with the idea of doing turnkey for people seeing as how I started managing my own properties many years ago and have done so in New York State North Carolina and Florida  I'm still easily able to find deals that are Easley double-digit returns in upstate New York in Central Florida  I'm still a little bit in disbelief that I'm actually able to find deals this good  i'm still a little bit in disbelief that I'm actually able to find deals this good and so many others seem not to be something else innocent it just doesn't seem right to me for some reason I've never even gotten a mortgage on the house the one I lived in many years ago      I guess I've been very fortunate to be able to pay cash for everything Perhaps that  why my returns are so high I basically find the property fix it up and then sell it owner finance holding the mortgage or rent them for the incomePerhaps it's like the guy who lifts weights in his house and after 20 years he goes to the gym and he starts punching 500 pounds and everybody around them is in the shop in disbelief they ask him how he did it and he says well I just never thought that I couldn't do it

Your slab is subject to bending stress from self-weight, dead load, and live load and the tensile stress is resisted by the rebar.

I've been loathe to take 8-10% of gross income off of schedule e and put in on schedule c, but the "right to but not necessity" is great.

Most recent market report video.If you need help finding a rental property feel free to call or e-mail me and let me know what you are looking for.

I'm not suggesting you should break the law, but you should weight the spirit of the law vs its application.

I obtained an E & O report from title, and it clearly shows the uncle quit-claimed the house to both himself and the nephew.