you are correct, but getting a LO Lic will help.

@Brian Gibbons,Would it be too much asking for a new link for your video about talking to a LO seller?

As a LO for the largest US lender this is an FHA loan.

See Mindy Henderson for a referral.Here is a map showing in what states I can operate.http://mortgage.nationwidelicensingsystem.org/profreq/testing/Documents/UST%20Adoption%20Table%20and%20Map.pdfThe rest of the states require a LO to be approved by their state commission individually.

fyi...NOT worth the time for 1 months rent....would rather assign a LO contract for real $$$.....4-15k :) My 2 cents

I've found a few people who are willing to consider a LO, from the other side of the US, which got me thinking.

v=FmO4eXcVd8EThere are so many friggin lawyers in Cali I would never do a LO or Seller Financing Deal without a RMLO. 

Once you "own" a zip code, you receive the leads/inquiries that come to the site under that zip code.The more populated/popular a zip code, the higher the cost to own that zip code - meaning that "owning" a Los Angeles zip code would be more costly than a Olney, MD zip code.

Hey Katie,You might want to take a look at http://www.prosperitypropertyteam.com/ and talk to Antero Gracia for Flagstaff.If you have interest in the rest of the Verde Valley in addition to Prescott and Sedona you should get in touch with Melodee Lucido.

BTW, I went and looked at the MLS after posting my last comment and I found 5006 Cape Verde CV which is listed at 229,900 and has rents of $700 per side.