The initial phase will involve a registration requirement and an as-yet-undetermined annual permit fee per unit.

Depends on state laws and if the broker wants to deal with whatever extra hassles involved.

No realtors are involved yet.  

@David O'Brian make sure you understand all the costs involved in maintaining a license or possibly find a broker who pays them all for you if that’s even available.

I have been involved in litigation in the past when a subcontractor ordered materials from China and the formaldehyde levels in the products were not satisfactory to the buyers of the units when they did their own testing and they filed a multimillion dollar lawsuit. 

Mike, the CEO of the NREIG personally got involved with tenant and "negotiated" a settlement with the tenant on terms which included free rent, as well as a payment to be made by the landlord which we did not consent to.  

I get super paranoid about these things, especially when there is a lot of money involved.

I don't think your post will get much action but you being involved in the group and answering questions can get you noticed.

And if they were, there’s no chance they would do it in Nicaragua, given the risks involved.

MLS dues and Board dues are just 2 of many many costs involved in maintaining a license.