It truly depends on what your long term goals are. If you will just be a property manager, there would be no need in getting a real estate license. If you are planning on purchasing properties, it can be beneficial because you will have others there to help with any paperwork issues. Ps.. E&O insurance certainly helps if you make a mistake. Depending on your state, if you found a deal on your MLS and wanted to move forward you could collect your own commission since you would be representing yourself. This will help with negotiations as well, since you could wave the commission to get a better price. The cost of having a real estate license can be paid off with a single deal if you found something on the MLS and collected your commission. With all of that said either way it depends on your long term goal. If you always purchased off market properties then there would not be a need for a real estate license. Most information can be found on this forum or online. I personally am in real estate as a career so I carry my license to make money, but it has benefits (based on your company) that will make having a license worth the investment.