In ever state that I'm aware of a license is either active, inactive, or expired.To use it to collect referral fees it has to be active which means it needs to be with a broker.

Having done due diligence on second non-performing notes I have all the tools and necessary data bases to do the underwriting.One must be very much aware of changing market conditions in your area.

That was over 2 years ago, and to this day, there are only 6-7 people that I am aware of (out of the 3 busloads) that are still doing it today.Most people were successful because 1.)

Also be aware that in Colorado, we have a "superlien" for HOAs.

We need to be aware of the safety issues regarding the products we use in our industry as health issues from environmental causes effect not just our investment but our livelyhood

A savvy investor likely won't go there, an unsophisticated private party may, one who isn't aware of the risks and these operators that try such things will usually find problems when that investor's son, or daughter, or accountant or attorney finds out what was done.

They should already be aware of the fact that you could assign the contract.

Don't exagerate & Tell the truth.  99% of deals I'm brought by a wholesaler have over exaggerated the ARV, under exaggerated the rehab, and not mentioned any of the issues they are aware of. 

Often vehicles and other personal property get 'taken' by relatives who circumvent the probate process because they're well aware of how easy it is to go thru the deceased's things and simply take them or in the case of vehicle or mobile home, sign the title over to themselves.

Folks are able to break their leases if they get military orders, just so you are aware.