@Chad Duncan That's how, with knowledge, experience, investor/lenders that trust your judgment, by putting a good or at least decent deal together that allows potential for profits and earnings.

But I would still oppose it, and sue (but would need some investors to join me to avoid some brain dead judge saying my case is mute because I'm licensed) based on the fact they have no right or jurisdiction to pass such a rule or regulation and interfere with this kind of activity and the right to earn an income this way.Maybe you would be in favor of the state of Florida passing a law requiring an investors license?  

If you are direct to seller, then let the agent find the buyer, so they can earn that full commission you're giving away, if it's the other way around, then it's business as usual for you!

I am self employed which earns enough to pay the bills and gives me a lot of flexibility with my time.

@Paul Higdon welcome to the site.Few things you can do to get started.Go to school & earn a RE license.Network with local investors.Read all the good info here on BP.Locate & purchase a rental property. 

How can this be very profitable if the income is such little.Well if you are earning 1% return in a bank account or 2% return in a bond or CD then earning 8-10% or more on your money looks like a pretty good deal .

I have a primary turned rental in Glen Cove and it went from about $600k at the peak down to $190k at the bottom (tear) and now is back up to about $400k.

Is the money a wholesaler earns from the assignment fee taxable?

Another thing I have noticed is that the some of the top female producers are married to high income earning spouses where there is not much pressure for them to make income.

To save, I would suggest opening a separate bank account, have some of your earnings go directly there, and add to it as you can further reduce your living expenses.