I used to, and still do, quite a bit of wholesaling, but a in the legal way.

@Subbie Kaur: Thanks for your input and my strategy is to buy low and sell High, with that said I am in the beginning stages of investing and have a limited knowledge of the inner workings of Taxation Corporation structure so on and so on and I'm sure there will be some bumps along the way but to make a long story short my strategy is simple to make money honestly and legally regardless the end of the day make money

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

*sigh* Where I am it is legal and the tenant/landlord laws specifically list this as an option for rent. 

If not I've used Legal Ease in South Portland to draft my notices, they mail them directly to the York County Sheriff's Office for service so you'll be able to do this all over the phone. 

Just send them a notice of non-renewal within the legal time frame.

You will also need to write up an operating agreement for each LLC and follow the legal process to keep them in good order.

However, damages, fees, or costs are not recoverable under this section against a retailer who has, in good faith, engaged in the dissemination of claims of a manufacturer or wholesaler without actual knowledge that it violated this part.(3) In any action brought under this section, upon motion of the party against whom such action is filed alleging that the action is frivolous, without legal or factual merit, or brought for the purpose of harassment, the court may, after hearing evidence as to the necessity therefor, require the party instituting the action to post a bond in the amount which the court finds reasonable to indemnify the defendant for any damages incurred, including reasonable attorney’s fees.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.The site has quite a few tools that can be helpful for new members.

Any other red flags you can think of from a tax or legality standpoint?