So it was very different in my day.I think what we see now is this idea spurned by the Guru's that the way to get into real estate is NOT get a license and work in the industry.. its to be unlicensed but do the same thing because you can earn money to then buy and hold  which virtually anyone coming on BP says the EXACT same thing verbatim  HI I am newbie wholesaler I am going to wholesale until I get enough cash to buy and hold then I am going to buy and hold until I get enough cash flow that I can quit my corporate job or ho hum job and never work again.. ( Right).. that's the dreamSo you have dream merchants who need to make money selling course to people with very limited to no funds.. and they have to have something that allows these people to think they can achieve those goals and dreams... but the reality is Wholesaling is a very advanced strategy.. its VERY VERY HARD... 95% who try it flame out in 6 months .. now again its regionalized .. in areas were there are just more houses than buyers wholesalers do a lot better.. out here on the west coast you would be lucky to do 1 or 2 deals a year.. or you need to be super man.. and or very well cashed up.. so you can spend 10 to 30k a month on direct mail or other media to drive leads..

I am an ex corporate finance guy who now owns a property management business.  

Yay AZ Corporation Commission....

Lobbyist groups who represent the corporations which are built by the true architects and decision makers in this country is the first place to look.  

The "corporate axe" still fell and knocked them off their professional tracks, and/or Wall Street ate their investments ("savings"), and/or domestic issues disrupted their lives, ...Rather than judge, I'd be far more likely to suggest to people that where ever they are and however they got there, here's what they need to do to start getting back on their feet and getting moving again, only toward a better end goal.My $0.02...

Business can contribute additional 20% of your compensation (25% for corporation), this part is called "profit sharing". 

Once you find one, networking will help you find more. 3) An S Corp (or LLC taxed as an S Corp) will offer no additional tax advantages if you hold rentals vs LLC.

For instance, if the owner pays personal bills from the business checking account or ignores the legal formalities that a corporation or LLC must follow (for example, by making important corporate or LLC decisions without recording them in minutes of a meeting), a court could decide that the owner isn't entitled to the limited liability that the corporate business structure would ordinarily provide.The company's actions were wrongful or fraudulent.

Shell recently put out a press release with their intentions of moving all the corporate offices to the Energy Corridor so that should definitely help the resale price in the future.

Another thing that would be nice before you start is to form some type of corporation or a LLC.Using a lawyer and/or a CPA (or account that has savy) might be able to advise you once you have decided what to do and your personal wealthiness.