If you plan on selling other people's houses you can charge for that with a license.If you are only selling your own houses, there is no benefit...but there is substantially higher liability.

Its a 4bed 4bath, and the plan is to do a light rehab after the current lease ends, get new tenants and increase rents a little bit.

Hey Ryan - Looks like a rehab and refinance could be an ideal route for your plan!

In about 2.5 weeks, if all goes to plan, I'll launch my first STR.

I will soon graduate college with a degree in finance and accounting, I hold a PMP certification along with a few others and plan to work on my real estate license and maybe in the next couple years obtain a residential contactor license.

I’m planning to begin the construction of two units on my single family rental property that currently houses a tenant that’s been there for the last 6 years. 

@Roopesh KrishnamoorthyFinding cash flowing SFR is going to be a challenge (especially since you are looking for a primary at this point) and if you leave (H1B lottery) then do you plan to continue to fund any shortfall from India?

As we try to catch up on those back utility bills with the tenant, they have applied part of a rent payment toward the utility catch-up even though the tenant made a separate payment to catch up on the utilities, as previously agreed and discussed with RHR specifically (an installment plan to pay the entire past-due amount back). 

Who is building, developing, flipping, etc in your area. someone has to be doing it and making money. look at their business plan, see how they are doing, try to do better. 

I found this deal through "driving for dollars" in a neighborhood near the planned casino development.