And this is a biggee wading through the fake lenders or the Joker brokers that tell you what you want to hear  but cant get the deals funded and you lose the deal and a lot of money.3. with actual PML  private people  usually have very limited funds so cant scale with them.. they can have a life event and just stop doing loans all together..

In addition to those I would also suggest making a commitment to going to local meet ups and networking events in your area.

A great way to start is by attending RE events and joining a local investors association.

Going to the events page above and seeing who is hosting meetups along with connecting with people at these meetups is a great way to grow your network of people within a small 25-50 mile radius.

If you're looking to network with multifamily investors and service providers I host multiple events a month.

I highly suggest getting to some local meetup groups...here is BPs list:  https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a full list of the chicago meetups that I can share with you too if that'd be helpful.

It's designed to protect assets in the event of lawsuits, negligence, etc. and it only applies when there is underlying insurance coverage. 

I need help to understand the whole sequence of events that happen in wholesale and what a WHOLESALER should do and what not.

Also, we will be having a free REI networking event Feb 6th if you're in the Milwaukee area.

Its a personal nightmare and tragic event.