Let that guide you. 

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If you reach out to the lender you're approved with, I'm sure they would be able to confirm and guide you further.  

Make sure to read the Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing

There are many pros, but two cons that seem most prominent in my mind of the bat: 1) getting a license doesn't make you an expert out of the gate, even with MLS - an experienced real estate agent can guide you into an emerging market that you might not know about vs. an obvious, saturated market, for example, or explain why a comp only .2 miles away is actually no good for your prospective purchase, among other things 2) if any litigation were to arise in your r.e. business, having a license will almost undoubtedly mean you are held to a higher standard, probably with respect to any aspect of the deal. 

@Joseph Scorese, I am not familiar with all of the rules on FNMA 10 but for those lenders that might not use it as a guide, have you seen anyone be able to cash out refinance before 6 months?

Have you read through The Ultimate Beginner's Guide?

Check out the REI Resources and the Ultimate Guide to Real Estate!

Make sure to read the Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing

@Jem Jacala use this guide as there is a lot of useful information here:https://www.biggerpockets.com/renewsblog/2013/01/2...Don't just focus on the score as you want to review the history, late payments, number of lines open, etc.