They call the unspoken obstacle “renting while black.”It doesn’t help that developers are largely focused on the upper end of the housing market.One developer, Pardee Homes, is building $400,000-plus homes on the edge of the desert.

Most wholesalers jump in to the game with little knowledge, few skills and no real blueprint for success.

I am a developer in Northern Jersey and I can tell you that the benefit of the license is the ability to access the MLS.

@Andy MirzaThe ERISA plan asset rules may come into play if pension funds are used unless the funds main line of business is the development of real estate (REOC), or the fund is a publicly traded company registered under the Investment Company Act of 1940.To qualify as a REOC the fund must invest at minimum 50% of its assets in qualifying real estate considered managed or being developed.

Great post, @Steve MaginnisI'm working on a sale now - the owner is self managing landlord, he's proud how much money he saved for 25 years of owning few condos.He was renting his condo for $650/mo - no lease, tenant pay cash, he pays HOA, taxes and happy to have $400/mo cash flow.I rent exactly same condo for my tenant in this development for $890, same expenses =$250/mo and my PM=$100.

I have a realtor and mortgage broker so far but I have connects with others that are already in the game that I can leverage.

I have an opportunity to develop a 20 acre parcel in Shelby County Ky.

Make sure the end game is locked in before proceeding. 

Basically conduct an IPB of your market, schools, median incomes, appreciation, future business developments, etc. etc.

My name is James, i'm 33 years old living in Cleveland and I have developed a real fire inside myself!