Make sure your attorney knows Dodd Frank so the wording in the mod conforms.

@UgwuUche take a look at the GSD Mode videos and listen to the pod cast, Joshua Smith has a wealth of information for RE agents.  

Mods- please delete this response... it appears that I'm logged into the wrong account.

So big question, with my situation of not necessarily needing to earn money for a year and with some cash to invest, should I work on becoming a full time agent or should I find a full time real estate investor and be his free assistant, like in all the pod casts and all the books the money will come later.

It's amazing how a few books and listening to a few pod casts can make you gain so much knowledge.

I've been listening to pod casts here on biggerpockets and reading articles and books.  

After reading a few books and listening to bigger pockets pod casts I know I may need to hire a property management company IF I go forward and purchase a 48 unit apartment complex that I have been talking to the owner about buying. 

Definitely get into the landlord and rental forums and listen to the pod casts about buy and holds.  

I can't find the thread as i don't know how but I was happy to spend 5 minutes explain what I got from the thread and what I know about that particular asset class.For long term TK you need to be 60 to 150k minimum and rents at 750 and above to make them viable.Its the power of BP pod casts were they ( the owners ) don't really vette these folks in any way.. just because they make a pod cast has no bearing on how accurate the info is or viable the investment is.Many that do pod cast are great for sure.. but there is an irrational exuberance  thinking a BP pod cast puts you in an Elite level.

John has a great tip regarding the pod casts.