She said that certain states do not allow wholesaling because you are essentially selling the house with no license and it is technically a crime.The post my wife read was BP's post by Brian Turner called Is Real Estate Wholesaling Illegal.

We are replacing an essentially new vinyl floor, which was installed within 30 days of closing.

Essentially leasing to a bunch of small hobbyists and small businesses.

My suggestion: it may be too late on this deal, but take a binder with testimonies and keep track of all your stats and deals and make it to where the seller is essentially begging you to work with them.

Essentially you are 'froze' as to the original structure and contributions. 

I can't speak on the advantages of KC over the other markets you mentioned but I will say KC cash flows well for most investors (good management is essential).

I am currently challenging my property tax assessments on my residence so I am very familiar with this essential process for owning property in Illinois.

Okay, there is no equity above the first, so your note is worth essentially nothing.  

Liability protection isn't as big an issue in my homeland as it is here, as it's essentially covered by insurance and instances of law suits are far less.The IRA house of course has it's own in-built protection - I'm not even sure you could place it in an LLC on the basis of that status.The other point we also need to consider I guess is the liability insurance for the properties.

Unfortunately I also own my own small business as a musician and my write-offs essentially screwed me last year for financing.