@Ned Carey  agreed.. however it runs straight into the face of how guru's teach wholesaling.what I see this doing is causing blow back in profitability to the wholesaler if full disclosure has to be made.And I wonder what it does to the direct marketing pieces folks send out IE the one's that claim they are cash buyers when in fact they are not they are just assignors.. will be interesting to follow it.. and of course will be interesting to see if the state actually enforce's it.the definition of real estate brokerage as described above is virtually verbatim in every state no different its why there is a real estate industry to begin with. 

I would say Scott Carson's Virtual Note Buying for Dummies class should be first on your list if your serious about moving into the note space.  

He received annual checks from tribal casino royalties - close to $200K.

@William DeLuca  If you have money for a downpayment, at least 3% plus closing costs, of course it would be a smart idea to invest in your own home instead of renting.Also look for lease option to buy possibilities, where the seller will basically work with you on a seller's financing structure and you can cash him out down the road (by refinancing, once he puts you on title, also called a subject to.)However if you are new to real estate investing, still have to learn and may be don't have enough money for downpayment or reserves, my suggestion is that you start with wholesaling, and you can do this virtually and outside of your area.

Can you lease some big buildings for me and contact me on sept 24 2018 about going to look at them I want casinos hotels resorts restaurants etc all over world billion dollar real estate casinos and castles and amusement parks restaurants castles hotels ice rink etc arcades etc all over world chains  lease them now and contact me on sept 24 2018 about going to look at them set reminder for then and when I get into business you can make a share of profits and write all this down  and message me if interested

There are lots of service jobs around - my tenants work in restaurants, grocery stores, the casino.

The banks do their own form of leverage, by leveraging all the performing assets (like our cash, loans, etc...) into "virtual money" that they then loan (sell) back to us all over again.  

I am a DOD civilian now and am constantly on travel so a virtual meetup like this is ideal. 

We're obviously mixing/matching resources from Fannie and Freddie here, but their LLPAs are virtually identical. 

I am not in the Bay area, but you can grab me a virtual cup of coffee in exchange for tips on investing.