IE bringing two parties unknown to each other together for expectation of compensation... every state has the same verbiage in their RE licensing laws.but not going to stop it.. some will get turned in.. some will get fined some may even get criminal record...

Will Grabert Your advice is of criminal in nature and could put the OP behind bars.

So I look more at other factors: - Criminal history - especially nothing to do with drugs - Eviction history - don't want it but I have taken people with one eviction in the past - Rental history -- are they hopping from place to place every year?

OK  now that I am done laughing .. of course you have to pay income taxjust think of all the criminals that were put into jail not because they got caught doing criminal activities but for tax evasion.check your state.. there is a minimum where you don't have to pay tax.. but if your total income is over that then you do.good luck and by all means pay your tax's us old guys will need our SSI benefits

In the '90s the Resolution Trust Corporation (RTC), set up and funded by the US Gov't (ie; the taxpayers) bailed out the bankers who had made the bad loans, the developers who had taken on too risky of ventures and the PMI companies who had backed those risky loans.By mitigating the losses for those parties they saved some people from being civilly sued, prevented some criminal prosescutions and made sure that many of their "friends" got preferential treatment when it came time to buying the real "wholesale" deals.We had looked at a condo development in Houston on the theory that we could get the entire place for about $3K PER UNIT.

I had one family member who I didn’t get along with I was forced into the deal by parent and it didn’t turn out great criminal and legal preceding so don’t mess with it walk away.

There is not a property anywhere in his neighborhood that has sold for over $200 K so his $245K assessment was not just laughably incompetent, but criminally negligent. 

If you go into this knowing inside of yourself that you are doing these people a justice by helping them get this distressed property off of their hands then the "wholesaler reputation" is irrelevant.

Late payments on credit history, eviction history, rental history, employment history, criminal history, income and income history, debt-to-income ratio, etc.Communication.

Here are a few: Drug related criminal activity occurring in or around leased premises is cause for immediate eviction.