Third, if they have $2bn of agreements (whatever that even means) why haven't they actually started building anything or even closed on the land.  

If you don’t have a shop, you can still point people to toys, but you’re not supposed to act like you own the shop or start setting prices for toys you don’t actually have.Here’s why some wholesalers avoid getting their toy shop license:1.

Since you missed the 2 out of 5 rule, capital gains taxes might take a chunk of your profits, so consulting a CPA would be smart to understand how much you’d actually keep.

Clearly I can’t sue someone that’s actually ill, I was questioning, but feel bad about that now.

I’m going with him he has been doing this for many many years and trained some of these that are now mostly selling their courses versus actually doing deals. 

I would actually recommend using the agent finder for the market your looking to get started in to find you an agent that specializes in out-of-state investors in your chosen market.

Because counties usually set the fair market value of properties  about 15% below the actual sales value.  

The withholding can also be stopped altogether, and only actual taxes owed will be collected by filing form MW506NRS at least 21 days prior to settlement and filing it with the Comptroller of Marylands office to get the exact actual tax owed calculated. 

Most will work hard when they are doing the capital call (a few of my deals did that) but some actually called to discuss the situation.

I always get a kick out of people who say they would never do this or that and when you start quizzing them, they've actually never done anything.