In act Arizona issues 4 different categories of mortgage broker licenses.That said, there is a carve out or a seller financed property, but as I recall the limit was 2 in any 12 month period.However, as of 2014, when I last checked, the penalties for non compliance were nowhere near as harsh as the penalties under Dodd Frank or the penalties in a state like Texas where making an out of compliance loan on a homestead can result in loss of the collateral securing the note. 

I have the tenant's security deposit segregated in the savings account, while rent, mortgage payment, and other bills go through the operating/checking account.I recently noticed an "inactivity fee" on the savings account.

Greetings, I have been 'inactive' for a couple years and I have an old lease that I have used in the past and figured I need an up to date lease for Maryland (PG county). 

Make a free fake ad just to check the rents then put it on inactive status until you are ready to rent it for real. 

I have obtained a Texas real estate license currently in Inactive status and am reviewing broker sponsorship in the Houston area and came across a broker that I had never heard of recently.

However, with the timing of each action, it appears to be a flipper.To answer your question about the Seller's inactivity....

Love to see the power of BP in action!

@Mike OjoWhat type of properties are you looking to buy, how active/inactive do your investors desire to be, what are you investors goals/risk tolerance, what are your goals/risk tolerance. 

I looked at this community maybe a year ago when I first had this wild idea, then I promptly shelved the idea due to inaction, lack of momentum, fear.....

However, I do not believe the Amish our 'licensed' and our family friend is a retired plumber, and is no longer licensed, or his licensed is inactive.