The quick answer is no, but best to read this article as various states have certain requirements: https://www.zillow.com/learn/do-i-need-an-agent-to-sell-my-house/

As we all know, the standard way BP says to calculate cash flow actually leads investors away form long-term opportunity and leaves a lot of investors on the sidelines because they don't understand IRR and the multi layered dynamics of investing long-term.  

from what I have read and of course Media bias is slanted one way or the other..

Best of Luck!

Listening is one of the number one assets, so if theres ways I can contact other real estate investors and learn from them would mean alot.

And if you tank you first one, there will never be a portfolio.So my recommendation is to worry less about the year one cash flow (totally overrated as a decision-making factor, yet you have to start there), instead look at it more wholeistically, opt for a less complex deal, and buy the best quality real estate you can afford. 

Either way, your father-in-law’s position is protected.The investment property should be held in either a land trust with an LLC as the beneficiary, or directly under an LLC.

With that said, it's best to START it like you're going to outsource everything, so it will be easier once you decide to make that transition.

Lots of companies out that way if you are looking for work.

Best of luck!