Here's the deal: You don't need to withdraw and return the current security deposit just to collect the additional $100.

I also have few loans with flagstar and would like to explore changing from personal name to LLC.

Instead of seeking flaws, why not explore the benefits?

In addition to being illegal, if we had not caught this, (thanks Diogo!)

This community is a fantastic place to collaborate and explore new ideas together.Looking forward to engaging with you!

There are a lot of market-specific issues you'll have to grapple with and also, there are plenty of landmines in MFR on its own in CT that you'll have to be ready for, in addition to the nuances and complexities of developing something like this.

In our market it is important to make sure they are a licensed broker, carry adequate GL and worker's comp (and name you as additional insured).  

The intent of getting a sales agent license is to educate myself in Real Estate and create some additional income.If your relationship is such that you need to hide your license, you’d be better off with a different working relationship.  

That could be achieved without spending an inordinate additional amount in cap ex; In fact all I have seen had these items in common1.

We were told the addition of any other pet-related up-front charges would likely not be considered favorably by a judge.