People act out of fear when things don't work out like they thought.

For some reason I have been hesitant to do so for fear I would be breaking a law or something.

My fears: 1) Lots in the area I'm targeting might require tear-down of an existing home, which I don't have any experience in/know how to estimate costs 2) Many lot purchases may only be financially viable when you know you are building two houses in the place of one (HPR scenario)... which I most likely wouldn't want to take on3) Competition/MLS.

I'm very excited about starting my new journey.The fear of starting wholesaling (that I assume everyone has in the beginning) hasn't gone away yet, but I still believe in myself.My fears consist of being fined, failing to find sellers/buyers, fumbling for words when speaking to potential sellers, not having enough marketing money to start out, and more.So, I found a P/S agreement on this site that I plan on using, along with an Assignment form.This is all I need to start correct? 

The agent in me fears the long term outlook of the market a bit, but aside from that, the real challenge is being able to show a seller with no experience in this business at all, that projects sometimes (read - always) take long than expected.

There is some crossover (brokers who invest), but many fear taking the risk associated with investment and prefer exchange hours for money.

@Mike Fletcher, I understand the fear, and if banks were as loose as they were nearly a decade ago, there would be cause for concern.

I fear this loan is dead.  

The problem is that anyone who knows about Blue Sky laws is going to be securities licensed, and because the SEC is such a wonderful organization, a securities licensed individual wouldn't be able to tell you anything without fear of breaking a rule and losing their license.

While living in a complex for 14yrs as a manager I would find it hard to sleep because of the fear that the tenant I just evicted decides they want to vandalize my car and such, the late night drunk lock outs beating on your door asking for to be let in their unit, the tenants dragging you into their personal life issues and then using that as a reason for the late rent and on and on.