The reason people do sub2 is to get around this requirement and not notify the lender they are transferring the asset.

The official answer: The Corporate Transparency Act is intended to provide law enforcement with beneficial ownership information for the purpose of detecting, preventing and punishing terrorism, money laundering and other misconduct through business entities.Uncle Sugar requires us little guys to register and be tracked even though 99.999% of us are not involved in terrorism, money laundering, or other misconduct.

For families with kids that don't have D+, providing it likely doesn't move the needle because it's not important enough for them to already be subscribed.I think providing streaming services (that require login) can have huge downsides if the service gets logged out. 

To determine the quality of a property requires to evaluate all of its return as well as potential return.  

You may also put 5% down on a conventional loan with no self-sufficiency requirement. 

For example, many of the nicer ski towns around Colorado require first month, last month, plus the security deposit upon move-in which can easily amount to $7k+.

If so, what are the licensing requirements? 

From a transactional cost standpoint alone, the fees on the way in and on the way out require significant appreciation to break even.

However, keep in mind it may complicate financing, add costs, and require careful management to maintain liability protection.

It should be a requirement to be educated in that space prior to licensure.