Wholesaling is transactional.things are changing in some states with the unlicensed activity of assigning contracts.. depends on the state.in Oregon if your business model is to assign contracts  any form of advertising them via e mail  flyers craigslist bp market place etc is deemed an activity that a license is required.. see below from our state regulators. 

What are your local laws and regulations of purchasing a multifamily deal?

I’ll have to investigate Air BnB regulations some more, but it sounds like Henderson may be promising.

Scott - I received this response below from a lender when I mentioned the updated FNMA regulations.

Further, each state has particular rules and regulations regarding the dissolution of condominium status.Reading over the number of incorrect informational replies, I have to wonder why people with no knowledge of a subject continue to post incorrect information with no thought or research.

If your in NY I suspect you are regulated to having to use attorneys for closings I would see if the attorney has a customer service department like our title and escrow companies and if they compile this data for the local builders and developers and real estate folks.We get it for free and so do all the realtors in our market. beats any national type of data system.

Make sure you have a good RE lawyer draw-up your agreement and knows your state regulations and law. 

The inspector, working with the attorney will determine what should be released in each drawSecure your loan with the first position lienGet smart on private lending rules/regulations for the locations you'll be lending $ 

Each state has it's own rules and regulations.

If you decide to househack in Louisville with Airbnb, the new regulations won't apply to you.