I'd imagine you need to know the exact dimensions of all the spaces 

It's certainly an easy thing to do, super low barrier of entry but also VERY HIGH RISKS if you don't use the right contracts, and I can imagine some folks sending $ before getting their contracts signed and forget OR trust someone else and boom....LOSE all of their $, and rightfully so to the seller.I know new folks or those who lend on EMD would disagree, but I personally wouldn't want to deal with the headaches on these very small amounts of $ and the wholesalers that need it. 

I’d imagine it still being pretty expensive.

i would imagine you could get away with a little less in your area based on facts rents are higher. 

I recall a case where a court held that the act of having engineering plans drawn up was the first act of visible construction.A quick review of DC's lien provisions appears to show that a sub's lien rights relate back to the date of first work and the sub has up to 90 days after completion of the project to file so someone who close on a purchase of the improvement 60 days after completion may wake up to find a lien has been recorded the next day so it's not gap matter, it's a post-closing matter.

I can't imagine it being booked  regularly with a one family limit.

I can't imagine having the same level of training anywhere else, especially after working with other rookie agents in the market who have no clue what they're doing

If you had the lifetime license for at least 6 years, then it paid to have a lifetime license I guess, rather than the $50 per year.The housing inspection license AKA rental license is another matter - I can't imagine that one going away.

I imagine this level of personal capital exposure has an effect on how much risk they are willing to take in a deal, both with the asset itself and the structuring of the transaction.

I imagine there will be competition at this Price Point in this A market area.