Also keep in mind that "source of income" is a protected class in Maryland.

Sometimes also, its about protecting yourself.

Quote from @Jesse LeBlanc: @Jay Hinrichs I know you'll see this soon, might as well tag you ;)  good work naming names is the only way to protect the public.. these schemes have been going on for years..

Always ensure thorough due diligence to protect your capital and achieve strong returns.If you need any support or tailored financing for these strategies, let me know.

Even when wholesalers “kinda’ admit to the seller that they are going to “wholesale” the property, they still tend to mislead the seller by talking about “financing partners”, “equity positions”, “mentors” “membership” etc.So, various states have, under the banner of consumer protection, enacted legislation to restrict the use of the “wholesale” transaction in RESIDENTIAL OWNER OCCUPIED real estate - note, not commercial property and not residential when the transaction is between 2 investors. 

I have a plan in place to use entities once I reach a particular number of properties, but the additional protection is marginal at this point.

I worked with a company that helped me set up my asset protection. 

Always protect yourself by enforcing contracts, and learning to say no. 

That is groundwork to getting the property geared up for making the most. 

@Nakul PatelBest asset protection is an insurance policy, you open a LLC then you are gonna have to pay like $850 a year for it if you are in California even if it’s a LLC in another state plus other fees and costs.