And you would also have to do 22.5 continuing ed courses every 2 years, so more money out of pocket.And there are fees for the state license every time you renew.There isn't anything preventing you from buying and selling your own real estate as an investor without a license.

But, sometimes the issues needed to be dealt with might prevent some types of financing, so the Escrow method is one way to stay on track.This also assumes, of course, the lender agrees to it.

She may be only selling one at a time to prevent a huge income. 

If you are worried about a boiling pot of water falling off the right side and burning someone then you should definitely add something to prevent this. 

This prevented us from over improving for a place that "we were" living in vs a rental.

Things to consider:1) Depending on the state you live in, an LLC may not provide as much protection.2) If you don't keep your finances perfectly separated (and even then it's not a guarantee), an LLC may not provide you protection.3) You'll end up paying more in your mortgage and your LLC costs.For those reasons, especially for your first one, it's generally fine to just get a lot of coverage in umbrella insurance (or a lot of personal liability coverage in the property insurance that you'll carry).However, I'd be very interested to know if any BP member can say that an LLC did prevent them from losing money or getting personally sued at some point -- I haven't seen that posted.

The escrow account eliminates the need for it since it prevents the borrower from not making the payments.

Some condos will have restrictions that will prevent short term rentals as well.

And nothing prevents the bank from enforcing the "due on sale" if they want to.

Because of this statute, most title insurance guidelines prevent underwriters and agents from issuing a title insurance policy during the first ten years after the Tax Deed has been issued unless the potential claims of previous owners (and others who may have had some interest in the land) are extinguished by a Court Order.