Quote from @Elaine Dea: This is why you should hire contractors that are licensed and insured.

It was a relative who just got their license they also were the buyer's agent.

At some point, I will get my real estate license to get access to the MLS and to qualify for seller financing, but I am also debating whether I should get the license before getting a real estate job or simply before I am ready to start buying my own properties. 

Also rental rates are dropping, and we are already seeing rental loan rates in the 5% range, I would expect to see rental rates under 5% by January.If you are going to be a real estate investor for the long term, why don't have your Real Estate License?

@Erwin Groenendijk, you are correct but Americans should be able to credit their taxes paid in Spain against their equivalent US taxes courtesy of the treaty for the avoidance of double taxation between the two countries.

This will allow me to have better deals and can profit on the work as a contractor.Are their any clause which prevent thi@Mak K.Usually the insurance company will let you pick a licensed company to do the work to your property.  

NJ is a very pro tenant state - hire a good attorney and make sure that you have every infraction clearly documented, your ledger is correct, your property is licensed, you have a copy of your lease....etc

Require a driver's license from an adult.

I understand the Howard County rental license process, but I am having difficulty understanding the building code.

TLOxp you will need a license of some kind for sure.