While I can not specifically speak to Tennessee law, I cannot imagine that wholesaling done correctly is illegal.

Mortgages have rules, those rules are backed up by regulations, those regulations are covered under laws and violating any rule can result in big problems

Most barely know parts of the law.

Check the state laws and with your local health department.

Hey Al,You can read up on CA tenant/landlord laws here but I didn't see anything specifically relevant to your situation on pages 37-40 under repairs;www.dca.ca.gov/publications/landlordbook/catenant.pdf?

I know a paralegal who works for a very large and prominent law firm that specializes in HOAs.

Coughlin's law from the movie Cocktail.

Paul,In Colorado, a REAL PROPERTY TRANSFER DECLARATION - (TD-1000) is required by law to be filed with the county assessor where the property is located.

It will include who pays what, including real estate commissions, in accordance to state law.These critical agreements should be constructed by a real estate attorney in the state where the property is located.State laws rule and vary.

Hey Brian:I have no doubt that your student does a great job in Texas however after reading the law and speaking with an expert real estate attorney in Texas I figured the risk was a bit more than I wanted to take.