If you are referring to a property management, you only need a license if you manage a property for somebody for a fee.If you are referring to private money, if you provide the funds by yourself for a fee you must be a licensed mortgage originator.

Keep in mind that you will need to furnish the place, keep it spotless between guests, and provide small items for the tenants while they are staying there.

Bill - Can you point us to some references on statutes (either Federal or State) that deal with "predatory dealing"? 

IPX1031 which was also referred to me by a @Matt M. as well as a mortgage broker I know.

In the letter you can state your difficulty in reaching the property manager and list whatever deferred maintenance items the tenant should be taking care of per the lease.  

I have over 30 years of experience in the mortgage & construction fields, and am presently working for a national reference laboratory as an executive assistant in Salt Lake City,Utah. 

If you are interested in credit repair, let me know and I can refer you someone. 

@Michael Whitefind a good title rep who can help you zero in on your specific search criteria, I have someone who I depend on who I can refer, let me know, 

If NOT - what Roy is referring to is the following:(NOTE: This is an exaggerated example)Assume you have 10 units.  9 are renting for $1,000 / mo, and the 10th is renting for $10,000/mo.  

And the previous day "you may want to reconsider that offer, they've just upgraded all these items..." having to do with my awesome, yet embarrassing, offer.