Probably better to stay with the good deal, and move on looking for other good deals to invest wisely such as building my own homes as I am a (unlicensed) builder also.

This generally manifests and some cleverly-guised form of unlicensed broker-dealer activities or something that would require a securities registration and the inherent oversightIf you simply skip all of their filtration system and frame set up to turn you into a robot for their system by approaching those in the real world investing more time doing deals than pyramiding unlicensed broker-dealer systems you'll find better and more sophisticated syndicators. 

This is my understanding of Lonnie Deals and are now off the legal deal type list for investors (who presumably are unlicensed as a lender).Who in your view is currently lending on MHs who will be shut out by this bill?

Don't go hiring unlicensed people.

If you have been the victim of unlicensed broker frauds in FL and want to report them, here is the link.

So he brought an unlicensed electrician/Plummer to do some work.

Being an unlicensed broker presents these challenges.

#1 he's unlicensed and most likely uninsured if he doesnt have a license.

All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.History.

From bogus ARV, to idiots sending me listings off the MLS claiming all these huge profits, to crooks contacting me with no ownership interests, to crooks advertising in the marketplace with tens of millions of dollars of RE in their ad with no ownership, to crooks in the marketplace representing themselves as agents when they are not, etc, Remember: most of these guys are unlicensed operators brokering real estate without a license.