Also be cautious for you partner certain activities do require a real estate license.

I'm more willing to move off  "LLC B" property because of the work required to keep this going. 

If you can find practice tests, that is my recommendation - that is what I did after taking the required time component and did not have any issues passing the test. 

Hi Thu, I have not purchased any properties that require permitting yet.

This way they can't claim ignorance.I would also require a move out inspection and make it the day after they are supposed to be moved out. 

typically no special license is needed when doing it for hard money loans that I am aware of. there may be states like california and nevada that are tricky where lenders need a license of some sort but for most part brokers i have seen are not licensed. 14 or 15 states require state license and NMLS registration.

Does a DSCR loan require 20-25% down payment?

If it’s tied directly to the lender as part of your mortgage agreement, you’d probably need to negotiate with them or refinance with a different lender who doesn’t require that restriction.However, if the restriction is part of the property deed itself and was placed by a previous owner or another party, it can be more complicated.

It was never required or nessecarily nessecary.

So, we require a nonrefundable Retainer Fee for 90 days of our time to find a rental property.