If you want to just purely invest in whatever strategy you choose (buy & holds, flips, wholesale, etc.) then a license may not be necessary.

., purely on equity.  

When you have a forced rental, my sell/or keep decision is purely based on positive cash flow or not. 

Just as numerous scholarly studies have shown that the number of actively-managed mutual funds that outperform the market (i.e. the index for the relevant asset class) are no more than one would expect from pure chance, I'm sure there are plenty of ill-conceived techniques for REI market evaluation -- but I also suspect there are a couple of 'tried-and-true' principles that are worth consideration.

If you want to be purely passive, like buying a stock and collecting the dividends, then rental real estate is really the only path.

With 500 hours your chances of getting a flying job are much bigger, we even got six informal promises from major airlines that we can apply for a job once we got the 500 hours.I did the math, and purely from a financial standpoint it seems worth the risk.Anyhow, thanks for your reply, i'm reading i'll come back to it a couple of times to let it sink in better.How are your investments doing?

so i have a section 8 tenant in one of my rentals. she is a good tenant. about a month after she moved in we had the plumbers come out and roto rooter the main line leaving the house. i didnt mind. the cause for this instance could have been anyones, not to mention it hadnt been cleaned out in a few years. no biggie. 5 months later i needed to call out the plumber again. this time the main cause of the plug was someone was flushing down those sanitary wipes, which are not biodegradable. this is purely the tenants fault obviously. bill totalled $300+. she has no way of paying this as she stated. housing authority has her locked in for 2 years from begining of the rental contract. i dont necessarily wanna give her the boot, but this is a business. my real question is: she wants me to take it out of her deposit, then she claims she will replenish the deposit once tax time comes around, around feb- march 2013. is this legal for me to do?

and I wonder how up front he will be if I were to ask for a reference.There is a chance, and I don’t know this for sure, but I think Bob has not given notice to his landlord (I think he is waiting for me to give him an application and then when I tell him he is accepted, he will give notice, but this is pure speculation on my part).

IMHO a house you live in is usually a pure liability.

If your crystal ball is 10% over 18 months, offer the lease option with a purchase price at new appraisal in 18 months, but that is not a pure option, you need a set current price to be a pure option.And you risk that being a disguised sale per the IRS.