Requiring licenses in each aspect of financial dealings will eliminate those without a clue doing business, except in commercial where borrowers should know better, it dictates responsibility and puts in place a system with teeth.

The ones who bluster and say you can't do this and you can't do that are more often than not just trying to game the system.

The only lower form of life in RE are those who promote wholesaling basically turning people into birddogs or joining some system, they are the straw-man of the straw-men, giving stories of fantastic deals.

One more problem area that normally does not involve my time.I can't say enough about engineering systems into your business, from data, to inbound phone calls, to Deal-flow, research, due diligence, doc production, everything.

The regulations adopted carry the weight of the laws granting those powers.I suggest you not try to beat the system.

The system apparently doesn't allow them fix even the simplest problems - a mistyped e-mail address resulted in 4 calls, 2 e-mails before I could access the paid-for application, and they absolutely CAN NOT correct an e-mail address, no way, no how.

Without their great phone support we would not have made it through the transition.Be very aware of their E payment system.

I don't have time to demo all the systems so I figured I would reach out to the group that would know :)My requirements are basically this:MUST HAVES:-- Ability to do multiple companies (LLC's in my case)-- Ability to track depreciation and do depreciation re-capture-- Ability to track purchase and sell and put items in the right area (expense vs balance sheet items vs adjusted basis items, etc)-- Ability to manage all kinds of Residential properties (SFR's through Apartments.

Honestly I have only heard from them once since and that was when the ac system died :)

Renters will quickly learn, to game that system.