Yes. but they are rare and they are only typically available to very big, very proven players.  

However, if you're a buy and hold player then I'd say pass on the license.

I live in Hastings on Hudson and recently signed up here to see if it will be a good place for me to learn something new and connect with good people.I do marketing and web development for one architect who was a project manager of the Cosmopolitan Hotel and Casino and Caesars Palace in LV and also built many custom houses. 

Pro baseball players become all stars by striking out 7 times out of 10.

Although demographics play a role, it's more about trying to leverage any local knowledge I have that might give me an edge on the bigger players who are sweeping up properties.

How sellers can be harmed usually doesn't cross the minds of new players as they don't look beyond the transaction they are dealing in, there's much more to it.

They will only do 80% LTV of contract price or appraisal (whichever is less) by the letter of their policies, but on our last deal (4 months ago) the one did 80% LTV of appraised value, which came in significantly higher than contract price, giving us about $20k cash out for remodeling expenses.It is certainly a touch-and-go market with the well-established players who have good credit and a clean history still able to do deals.

Poker players call it rat holing.Everyone of your choices is incredibly valid and incredibly wrong depending on the market.  10 years is probably way into another market. 

I am a full-time bartender in Las Vegas  at major Casino. 

Before one puts a nail in a stud or even puts an offer in on a property, they need to understand who are the key players in a Real Estate Investing team.