Things like raised beds also take a few seasons to amortize out.If three acres is the minimum, can you set up an LLC for the land, then sell, say, 25% shares as a virtual subdivision, with the co-owners being "tenants in common?"

They initially ordered a drive-by appraisal which got virtually everything wrong - sq footage, number of rooms, number of bathrooms, number of bedrooms, etc...  

They also have virtual assistants that you can hire there.  

We know that the most successful real estate investors we work with are in fact licensed, so it's a plus not a minus, but just make sure you understand the rules and kind of put a virtual wall between your "RE investing" and your "RE agent" activities.Have a different name for your RE investing business.  

In Illinois this could wipe away virtually all of your profits.There are many options - LLC, LLP, S-Corp, C-Corp, Land Trusts, basic partnerships, etc... 

@Ben Leybovich I've met @Joshua Dorkin and virtually met @Brandon Turner , as well as checked out his impressive work on the blog/podcast/videos.

Beyond these ethical considerations, in virtually every jurisdiction an auctioneer (or auction platform) is prohibited by law from knowingly receiving a bid on the seller's behalf or permitting the seller to make or procure such a bid unless notice has been given that liberty for such bidding has been reserved.

Is there a way to ensure that the other person does not try to take future deals directly to your investors circumventing you in the process.Is there way to prevent this when you wholesale when virtual wholesaling in other markets.Karl

Here is my virtual phone number that forwards discreetly to my cell.  

She is based out of Orange, CA but they can work virtually and with any state.