Downsides of RE License for Buy+Hold?

[Adam F.]

I know this topic is all over BP, but I'm a little unclear on one of the main downsides people point to when it comes to being licensed, which is liability and disclosure. What specifically is so bad about having to disclose the fact that you're licensed? Can it really outweigh the benefits?

I know every situation is unique, so just a little overview of mine:

I already got my license in the past, so this is just to reinstate (in NJ). My investment strategy is primarily to buy and hold small Multi-families, so access to the MLS is huge. Also the ability to communicate with the listing agent and find out all info on the property, schedule a showing, etc. without having to rely on another agent. Making some extra on the commissions is another plus. My time is flexible because my primary income is from my cash flow and property management, so making some extra money representing others is a great option for me as well while still being in the RE world.

I realize the fees associated with having your license can be a con, but I don't see how having to disclose your license can outweigh all the benefits. Can someone shed some light on this perspective?

Thanks