There is a big article in a local paper where a highly successful body shop is doing just that.

Here is a article for what a GL policy covers by the SBA. 

I've listened to the podcast and read a couple articles, however I would definitely allow a more experienced Investor perform a sub2. 

@K.D Neider , click on the Support tab once you are signed in and the most popular article is "How do I record a voicemail greeting?"  

I actually have gotten with numerous lenders and attorneys and each have told me that it's flat out illegal to try to assign directly to the end-buyer w/o a license since there's no way to fill out the HUD-1 showing me getting paid an option fee while having it also count as a down payment for the buyer.

Great job in the podcasts and the articles on BP by the way.

Be sure to read through The Ultimate Beginner's Guide to Real Estate Investing to help you get started.Also - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Rent Your House: The Definitive Step by Step GuideHow to Be a Landlord: Ten Tips for SuccessFinally -be sure to setup some keyword alerts - especially for "Brighton" so you can jump into local conversations.See you around the forums!

I have some reservations about even going to these meetings just based on what I have seen in other articles on the web about this guru, but there may be networking opportunities that I may not get in other places.

That said - I just read an article out of Builder Magazine Five Hottest Cities For Housing Growth for the next five tears.

Here's a link to a paper source article which summarizes a recent court case on the matter.