He would have never been able to rent that place, and it would have kept not being able to pay the HOA (and subsequently risking to lose the place) and get in more trouble.

Michelle Lind/Commissioner Lowe 9-22-14In advertising flyers, the employing broker’s name may be located on either the top or the bottom of the flyer however the employing broker’s name must be clearly legible.On any other promotional material the employing broker’s name must be on the front page or front of the object.The employing broker’s name must be visible on the front page of the website and each subsequent page of the website, without the necessity of scrolling down, regardless of the screen size of the computer.When advertising real property on social media, such as Facebook, the name of the employing broker must be stated.

For unauthorized smoking and pets and for tampering with smoke/CO alarms, the state allows a fee of up to $250 for a second and subsequent occurrence after a written warning has been given for a first occurrence (within a year of the second occurrence).  

I would always include daily cleaning and subsequent removal of debris/trash.5) When a kitchen needs new appliances, does most GC's include replacing those in their bid?

The law was subsequently extended by the Dodd-Frank Act, and it expired on December 31, 2014.

Just one real world example:  On one of my projects I spent 5 years filling up a new 600,00 sq ft office building we developed in a major downtown market with new 15 year leases, only to find out 20 years later that the subsequent owners failed to renegotiate fair lease renewals with my existing tenants and they all moved out to the competition!  

Seller will also pay its prorata share of subsequent installments of such taxes and assessments calculated in accordance with the Tax Proration Method selected above.

All prepayments shall first be applied to accrued interest and thereafter to the principal loan amount.DefaultThe co-maker shall be considered in default in case the borrower failed to pay any three (3) consecutive monthly amortizations.TransferThe Lender may transfer this Note to another holder without notice to the Borrower and the Borrower agrees to remain bound to any subsequent holder of this Note under the terms of this Note.Replacement of NoteThe Borrower agrees to execute a new Note with the same terms and conditions and remaining value in the event that this Note is lost, stolen or mutilated.

My clients buy subsequent houses as owner occupants and then live there for a year and convert them to rentals.

IMHO, the time you spend on the license, and then the subsequent expenses involved with keeping it active, are all resources you could put into finding deals and the funding to make those deals happen.