Hi Charles,I'm licensed in CA and here there is nothing illegal about wholesaling as long as you have equitable title to the property.

If so, I doubt it's enough to put up with the problems beginners bring.I see you are in CA. 

You don't want a slow appreciating $50k property out of state to get in the way of a strategic Ca purchase that can net $100k equity in a few years.  

I train students all over the country and its just helpful for you to be licensed.Ohio, Florida, and California, it’s really important to hold a Real Estate Sales license doing seller financing.The Department of real estate estate is aggressive there in those states.Finding a real estate broker that you can work with isn’t easy, because they like to be able to control your work behavior, but there’s many places that will allow you to hold your shingle, meaning your license, and you have the regulations covered.2.

I know CA has the same type of laws.So I am not sure if attitudes have changed with the big lenders or servicing companies today on alienation clauses. 

I'm located in Southern California.

For example some of my keywords are california, seller financing, multifamily residential, commercial property...  

I am finding a lot of marketplace ads from"Wholesalers" or agents or whomever that are selling properties in multiple states example a wholesaler from Virginia selling a place in Arizona or a California agent selling places in Florida.Is there some type of exchange network or network that I am missing?

Local area is Southern California (Los Angeles) and also lived in downtown Houston,TX, where I have a mortgage on a townhouse (lived in and now being rented). 

Matt,As you posted it looks like scientists are pretty confident of a big El Nino storm coming for California this 2015-2016 winter.But raising deductibles on common property insurance is not going to cover for flood related damages.