In Arizona, for example, STR owners generally aren't required to have a liquor license if they're providing a bottle of wine as a "gift," as long as you're not selling it or charging for it.

Not sure why that person does not go direct but thats another story.Super high risk because if a deal goes bad they will get reported to FINRA for raising $ without a license and since its not a direct investment the sponsor exemption can come into question.

The property is 1 of only 4 licensed lodging houses in the town.

@Walchli DonnaAs an fyi next time you do this use a licensed loan servicer and charge it back to the borrower - it’s $25-$30 / mo and they handle all the payments and loan balance as well handle all the tax documents as well.

I am also becoming an agent soon and it is an illegal practice of law to draft a lease agreement as an agent and one could loose their license.

Hey guys, I recently passed the NC Bar exam and will be a licensed attorney here in a few weeks.

You can get your real estate license, enabling you to sell on the side for additional income.

@Hilda Cervantes PMC and agent are all you really need.They can both find handymen for repairs, just make sure they are properly licensed and insured.

I was helping some investors acquire properties and figured I could do better with a license.

Also get the CAD file on a drive and find a "Licensed Architect".