And what I did in all my years in CA.. is I simply close on the deals then resold.. and you NEED to disclose your a principal and licensed.. and that's no biggee one line in the contract..but I think a lot of this is situatational.. if you had an agent telling little old lady here nice clean Rancher in Santa Rosa that is worth 600k is only worth 400k and you resell with doing little to nothing and make 200k.. that will be frowned upon.You take a house that is falling down  extreme hoarder   bare land other types you can be more liberal with value interpretations. and unconcienable profits.

Got a 4dbr, got 4 ladies as a roommates and been married to one of them for 20 years.4.

The owner being an older lady and not having enough money to cover these extra payments has decided to go this route.

Lady had like 4 lemur-looking pets... no joke.  

Wholesalers only take advantage of poor old ladies who don't know any better, right?

For comfort level I've always used what I call "The lady-friend Test"  - Would I send my wife/girlfriend/etc. to go pick up rent at night in this specific area?  

Sure enough it was a nice lady that's been landlording for 35 years and will be at the property shortly.  

Was owned by a sweet old lady.

I was shocked and confused and the lady from the mediation said that I was supposed to send my rent check to the court, not to the attorney.

Great advice ladies.