Are you putting your license at risk working with unlicensed wholesalers?

I'm am a licensed architect in Illinois. 

Account ClosedThere's several considerations: tax, liability, transfer issues, cash flow, qualifying for a loan....You'll definitely want to look into insurance... is Kyle a licensed contractor with his own insurance? 

Some states are Broker only, others allow sales associate. look into your local education requirements (pre-licensing, state exam and post license course).

I'm not licensed for TX otherwise I'd be offering to set it up for you.

After being an active broker for 30+ years, I would encourage you to become a licensed agent and then broker.The experience of inspecting many properties on a daily basis, learning the listing as well as the selling side will only up your game when it comes to negotiating with a seller who's property you want to buy.Some of my best and most profitable 'flips' were because I went out on a listing call, knew the property values and was first on the scene. 

I'm a new wholesaler, should I get my real estate license ?

The textbooks from my real estate license were pretty useful. https://www.adventuresincre.com/ has great models as well

Other more established business operators with proven systems likely have the infrastructure to get to the scarce amount of distressed inventory before your average 1st time investor ever would.

Should I get my Real Estate License?