I talked to a lawyer the other day about wholesaling, and I showed him a purchase and assignment contract, and he gave me the hammer.Here is our discussion:4735.01 Real estate broker definitionsAs used in this chapter:a)“Real Estate broker” includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to power of attorney or otherwise, and who for a fee, commission, or other valuable considerations, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable considerations does any of the following:1)Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate;2)offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate;3)lists, or offers, attempts, or agrees to list, of auctions, or offers, attempts, or agrees to auction, any real estate;4)Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate;5)Operates, manages, or rents, or offers or attempts to operate, manage, or rent, other than as custodian, caretakers, or janitor, any building or portion of buildings to the public as tenants;6)Advertises or holds self out as engaged in the business of selling, exchanging, purchasing, renting, or leasing real estate;7)Directs or assists in the procuring of prospects or the negotiation of any transaction, other than mortgage financing, which does or is calculated to result in the sale, exchange, leasing, or renting of any real estate;8)Is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby the broker undertakes primarily to promote the sale, exchange, purchase, rental, or leasing of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both, except that this division does not apply to a publisher of listings or compilations of sales of real estate by their owners;9)Collects rental information for purposes of referring prospective tenants to rental units or locations of such units and charges the prospective tenants a fee.Therefore, I believe that if you engage in the actions we discussed, it may make you and/or your business an unlicensed real estate broker.  

I'd suggest locking in a stellar contracting team, compile a list of rehab materials you can store in bulk (use in multiple flips), and focusing on pockets with extremely low days on market.

There are also services like Data Quick, Haines Criss Cross, Real Fast Data, Realist, etc. that compile info from multiple sources.

However, the list that I am trying to compile is a list of qualifying/disqualifying points that I will use to evaluate a prospective tenant's application and application process. 

The Essays of Warren Buffett, compiled by Lawrence Cunningham2. 

I recommend that you develop a very clear and detailed compilation of all the relevant data to support your thesis.

During their research he/she should be reading the deed and other boundary information in order to compile a boundary survey for you.  

I'm trying to convince him to take time to measure out everything and compile a list of the materials and appliances now before we move in and start renovating before he actually purchases the property.

I get a weekly email from title companies here in Oregon...they compile NOD's from three major counties.

If you visit a few different homes over a 90-120 day period, you'll know all the trades needed and the cost of compiling your sub list will have been minimal.LAYING OUT HOME, LEVELLING FLOOR, DIGGING & POURING FOOTINGS Once we've done the above, the home will be started.