Use all electrical, plumbing, sanitary, heating, ventilating, air conditioning, and other facilities and appliances in a safe and reasonable way.D.

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.So i looked up the statute which i posted above and it seems that the legality can really depend on how a person is perceiving the the property that is being wholesaled.

@Gulliver R. that would be safe bet.

I bought this first property brand new knowing I would make little cash flow but I would be able to learn from a safe investment- one where the water heater wouldn't quit within the first year or the roof wouldn't be unsafe (who would think brand new construction would have a roof issue??).

It is usually safe to say that if there is a mortgage, there is likely to be a property tax escrow.

I know nothing about NY and would like to know what areas would be safe for my sister, profitable for us both (especially if we decided to sell in a few years), and convenient to commute to work.

How "less safe" is it?

Purchase price: $335,000 Cash invested: $83,750 Buying the same home today would cost $400-420k now - Boise is growing like mad, but is still very safe city with some great areas.

With that said this investor and this website always wish to make sure people proceed safely and within the scope of the laws.

Very safe and a lot growth still taking place.