There is a wealth of knowledge here and experienced investors represented. 

Biggest question I have is do you have real estate or other business related experience that would enable you to reasonably represent family? 

I am an enrolled agent which means I'm licensed by the IRS to represent people with tax problems.

I spoke with a representative from Homeaway the other day and they suggested I drop down to the pay per booking.

Outside of our own purchases, we would only be potentially representing friends or family.  

A license in only needed in the case of you represent a property owner as a property manager. 

If currently active duty, I would not; you do not want to represent yourself as an agent of the government in anyway shape or form.If retired, would not be an issue.

@Karsten GeibObviously, it's tough to tell how good an agent is before engaging them to represent you.

Some of the bigger areas will have out of town big banks and investment funds send their representatives to spend millions and they will bid 1% on everything because they don't want the property they are there to make the great return on interest.

If you represent yourself as an owner occupier and purchase it and subsequently flip it without the intent to occupy it and get caught, it could be a crime.