Realtors are required to follow a code of ethics, practice under a broker who is ultimately responsible for their conduct, and carry E&O insurance at a minimum.

Congrats for finding the real truth :) I truly wished I could support at least one of these influencers on Youtube selling the idea of wholesaling (with zero money needed)... but I just YET have to find anyone that actually teaches it ethically, honestly, with full transparancy.. so till then I will be Guru enemy #1!

There is a couple RE firms here in town that tend to pick up all the HUD homes, but they are beyond un-ethical and I really don't want to even bother with them any more than I already have.

Of course, I'll have to remove names and identifying info for legal ethics reasons.

John T Reed spoke of markets identical to what Rochester is apparently facing right now:[i]"So how do you achieve positive cash flow ethically in the real world?

If the expectation is overnight wealth then have them move on to someone less ethical that will fleece them.

Find an ethical mentor and use some of that money to work towards bringing in business to work on together; real experience structuring and working a deal trumps all. 

However all of them require an immense amount of honesty, morality and ethical behavior.

The people operating the company lack ethics and honesty. 

I truly believe there work ethic would be better in the Philippines too, all in all a better investment and great people out there.