An MLO license and NMLS registration are required for all consumer-purpose real estate loans in every state.Of the 18 states (not 12) that require a license to make a business-purpose real estate loan, the purview of most P/HMLs, most do not require an NMLS registration.

That said, this route is likely to be time and energy consuming as well as stressful.)Just my thoughts.

Consumers showed more interest in townhomes and condominiums for rent in January.

So is it more appropriate to think of office expenses as non-consumable and supplies as consumable? 

Typically the borrower never records the land contract (which they should)Pros for buyer - noneCons- tough to insure, could be easier to be foreclosed on, name not on deed, Also most buyers do not run through title or get title insurance as wellMost land contract sellers run it like it’s the Wild West and do not understand these are still consumer loans and follow state and federal guidelines

Personally I expect a wave of foreclosures in 2021, but right now, there is almost nothing available as banks and consumers are taking advantage of Covid forbearance allowances. 

Wanting tenants to cover damages and missing rent is natural, but legal action can be a costly and time-consuming route, especially if they lack the means to pay.

This negative position can consume years of cash flow to recover.

Fannie and Freddie are playing with accepting automated valuations to save consumers costs but a computer generated appraisal might be much lower than you want as it won't account for view, upgrades, and improvements. 

If you don't want to be average, the listen to people who've done something great and use the guests on the podcast as inspiration, not as a comparison.