Hard to believe the good ole boy network would be able to shift back to their roots and try to actually WIN by nominating Palin.

My mortgage and loan repayments will therefore and hereafter no longer be automatic, but will arrive at your bank, by check, addressed personally and confidentially to an employee at your bank whom you must nominate.

While in my original post I did say "he asked me if I wanted the property for free, " I am paying a nominal amount.

There may be a nominal initial set-up fee, of $100-200.

We need to nominate leaders and vote as a team.

Long frequently provided the funds that the nominal buyer was supposed to contribute to the purchase.

Home Depot, Lowes, Capitol Building supply (in my area) etc.) will deliver for nominal fees to your house-- you just need to schedule it a few days in advance.

The transfer tax bill you might have to pay on the assignment can be hefty, some parts of PA have a transfer tax in excess of 4% (and using a nominal dollar consideration won't cut it, since the PA Department of Revenue has a formula they use to set the value for which they expect to collect transfer taxes).The broker has kept this as a pocket listing so that he does not have to do a commission split; it's a commercial deal, that's how they like to operate.  

It cant hurt to get licensed and if you decide its not for you and you don't capitalize on the benefits the costs are nominal and you can always put your license in referral or escrow at any time then the costs are nearly nothing.

Rates today are generally under 5% and are really lower in real terms as inflation erodes the nominal yields.