Are there other legal or financial consequences I should be aware of?

Developing strong financial and business acumen is also crucial for success as an investor, so that’s another area where you could focus your efforts if getting a license doesn’t align with your plans.I’m here as a resource—feel free to reach out if there’s anything I can do to help!

Your LLC has no "business" other than the asset(s) it owns.

Also assuming your practice is going well, consider talking to asset protection attorneys.

Hi BiggerPockets Community,I’m Josh, 26 years old, current project manager and aspiring asset manager diving into a new venture that I’m excited to share.

As firefighters persist in battling the blazes, many residents are left assessing their financial and emotional losses.

But don't let them know it.It amazes me how many of our members at MassRealEstate dot net have an Asset worth $300-500k Rent it for .5-1% of value and hardly pay attention to it, yet chase a tenth of a percent in CD rates;-)

First, 4% of that ROI is because you’re doing the asset management” work yourself without direct compensation.  

With the limited access in Yardi, you won't be able to adjust account trees and create multiple customized financial statements. 

This allows the owner to “write off” the value of disposed assets immediately, rather than continuing to depreciate them.