Help ! To become licensed or not ?

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After doing some reading on this forum and others I'm now on the fence as far as getting my real estate license. The arguments that most people seem to make is that as an invester there is far too much liability in being licensed. I consider my self an investor as I'm not interested in making a career out of just selling property but rather using the licensing process to gain more knowledge and have the OPTION to buy and sell for myself.

I'm looking to get some feedback on whether or not based on my business plan, I should get licensed...

In a nut shell I plan to seek out distressed properties thru various sources, (bank foreclosures, MLS, newspaper, networking, marketing, word of mouth etc etc) and then basically buy low, fix up..and sell high. Nothing new here.

My thinking WAS that by being licensed I would have a much better working knowledge of real estate transactions, easier access to property listings, and could market myself to all sellers as a legitimate, knowledgeable professionally licensed business owner. Not to mention the savings on realtor commissions.

But after reading some of the potential liability issues...now I wonder if I should just take the class for the knowledge and not open myself up to these risks.

Any thoughts ?

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