I'm a licensed agent so we'll just close on them and immediatley list it on the MLS if we haven't already found the next Buyer.

There are many more of this type of property in Durham as older homes with basements are still price accessible.To make it a "legal" or permitted duplex, the process is definitely cost and permit intensive, and in most cases may require you to use a GC or similarly licensed tradesman for parts of the project.

or "I'm thinking of getting my real estate license.

I forgot to mention that I am also a licensed real estate agent in Illinois but I am still pretty new.

You are doing a smart thing by getting your license and using it.

Active with licensed individuals.

I am also a licensed electrician and very familiar with construction and project management.    

I am an agent licensed in Arizona and work primarily in Mohave County AZ.

Being able to transfer a license from one property to another in residential zoning districts will be a big issue in the future and there is a cap on the number of permits allowed in specific zoning areas.

That said, I also pay an annual "seat" license to my PM in addition to the 10% of gross rents.