No answer, including mine, on a forum post on the internet, is going to help you as much as a lawyer and your agent if they are knowledgeable in the situation.

Albert Zheng if you understand Cashflow with all expenses included not the kind you tell you friends you will sell.

I'd run it by them, and if you send your specifics to @Mindy Jensen, I bet she'd take the time to offer you authoritative feedback too.The '@-mentions' for Manolo, Andrew and Joe didn't turn blue for some reason so I suspect they won't be notified of the mention.  

How much a wholesaler would like to make per deal is pretty irrelevant and a sure fire way to not sell a property.For instance, in the Las Vegas market and under current market conditions, I'm willing to pay up to 80% ARV (including repairs) on a house in an area that I like.

For example, some of my keyword alerts include "Canada", "Ontario", "Toronto", "GTA".

All blue collar neighborhoods with lower crime (C class in my mind).

I would agree that if your only reasoning is to gain MLS access than its probably not worth it but as a current wholesaler I would think you could expand your business with your license and not necessarily have to get into representing buyers and seller aside from your investors, which includes the resell side commissions for your investors who could use you for the sales on the tail end of their flips projects along with purchasing the deals you find for them on the front end.

I feel I have peaked and want REI to be my next career.As they say on the Blue Angels, "Glad to be here!"

@Victoria Creighton, My understanding is that the pro-rata rule applies to ALL IRAs with pre-tax funds, including rollover IRAs.  

The other one that fell through had a judgement filed against the homeowner right after we did the quit claim with the mortgagor and were about to close and redeem the property from the person that bought it at the sheriff sale.That judgement terminated the mortgagor's (and therefore our) ability to redeem that property.The response rate on our marketing campaigns has been extremely low; south of 1%, in fact.Our campaigns include door knocking, leaving notes on doors, as well as mailing the property and new addresses of the owners (when applicable).