Or would you just say that it depends on the specific area?

Since the applicable laws are state specific, I recommend you invest in getting the legal opinion and advice of a well informed attorney with an in-depth knowledge of the laws, rules and regulations promulgated by the state real estate commission before commencing your wholesaling business model.

Read books on investing in real estate, listen to the podcasts, attend webinars and stay active on the forums while connecting with other investors in your area and pick a niche.

While researching deals, you should start building your team (realtor, attorney, lender, etc) so you are ready to pull the trigger when the time comes.Are you targeting any specific areas?

More specifically, I'm looking for a du-, tri-, or quad-plex. 

In FL, I believe RE sales associate can form business entities for tax purposes but it must specifically be the name of the person such as: John Smith, LLC.

Based on my experience, big money is being made in niches.  

Hey Guys,I've been lurking on the forums for a month or so and thought it was time to do my intro.My name is John McAuley and I live in the greater Raleigh/Durham area (specifically Oxford, about 30 minutes north). 

I see you always posting these long winded diatribes, but are you able to point to specific instances of a mobile home park operator being prosecuted for said infractions?

What about overhead not tied to a specific project?