I have an investor with capital looking to invest and he's a real estate broker from out of town with an inactive license.

My financial goal is to be making enough investment income within five years so that I can at least step down from my managerial position with my companyI admit a lot of this process is very daunting to someone who's never purchased a house even once in his life, but I feel confident, with the support this community gives, I can find the courage to take the plunge past the plague of inaction that grips so many. 

There's that darn power of the universe thing in action again.

I ended up just cutting them and leaving the boxes dead and inactive.

No where did I say that provisions inacted PRIOR to Dodd Frank wouldn't apply. 

If you leave your broker then your license transfers to inactive status and you can no longer practice real estate.

Seeing you in action is encouring.Keep up the good work.

I posted in the "starting out" forum because I was trying to get a message to my fellow newbies.I've noticed that the profiles in my community are about only 10% active, and the inactive ones do not have tangible goals.

You also cannot invest in active RE businesses (flipping, wholesaling, property management) with your retirement money, or you will incur a very steep trust tax within your account.

Here in Toledo (one hour's drive south of Detroit) we have been seeing a definite uptick in activity and competition for foreclosed properties...Personaly, I've been doing some hard-shopping to flesh out the portfolio snagging 4 houses in as many weeks before the market changes.