Unless you know All of the laws and procedures that apply you don't know the true risks and pitfalls involved, therefore you can't determine a proper strategy.

It's just a matter of wording what you are talking about correctly and following the procedures the broker has in place."

Joining BiggerPockets has helped me decide to become a real estate investor and has already taught me a lot about getting started.My initial plan is to focus on buy and hold properties, building a cash flow producing portfolio. 

I have my MBA, but my technical undergraduate degree produced more than enough income to provide the necessary capital (if only I had found BP before getting my masters!).

It was my understanding that it was standard procedure to use a non-circumvention agreement when wholesaling.  

Develop a portfolio of 75-100 cash flow producing units (duplexes, single family)3.  

My husband and I are finishing up a flip project that is speculated to produce a $40k-$50k net profit. 

However, I recently found the BiggerPockets Podcast produced by Joshua Dorkin and Brandon Turner.

From my spreadsheet the unit would produce $99.42 in cash flow at a somewhat ambitious rent of $1,250 ($1,200 for sure) and financed with a fixed rate ten year mortgage.

I currently have a PM in place, and their procedures are to ask the tenant 30 days prior to end of lease if they would like to stay for another year.