Essentially, does a PM company necessitate a license, regardless of whether you refuse to take on properties belonging to landlord other than yourself?

If you’re looking to employ the BRRRR strategy, I would definitely recommend targeting single family homes over townhomes.The BRRRR strategy necessitates adding quite a bit of value in this market, which is much harder to do with a townhome due to your renovations being more or less limited to primarily cosmetic interior improvements.The HOA fees that come with townhome ownership eat directly in to your returns as well,  which will hurt you when you reach the last “R” of the acronym - repeat. 

Sellers in this situation include: Homeowners who have had difficulty selling on their ownHomeowners with financial difficulties like pending foreclosure that necessitate a quick dealLandlords ready to part with assets in disrepairLenders with too many foreclosure properties on their booksRegardless of how you find them, the key is the profit potential.

thinking outside the envelop...I wonder if its big enough $$$ to justify forming a solo-401(k) or SDIRA.Then throw it in as a contribution then deal in RE.The Solo 401(k) would necessitate an S-corp for RE to qualify for single employee status.All depends on the cash involved & the REI you plan on doing.

The double walls are fine, although fishing electrical through 1-2 feet of (again) collapsed plaster at the bottom can necessitate cutting holes in the wall - you can't poke anything through that stuff.Anyway, that's been my experience - good luck!

The fact that I'm located in the New York metro area necessitates out of state, and my hours dictate turnkey.

I have full time employment but use real estate as a secondary source of income and to a certain degree I don't see myself becoming to busy with real estate that I can't make time for a 9 to 5 job, although I suppose there's always a certain part of me looking at how I can scale the business - and if it works out successfully, it would probably necessitate me making real estate a full time business.I don't think it was bad to generalize the categories of investors and it sure didn't seem to be meant negatively by any means.  

The asset is not in CA, the LLC will not be formed in CA, I am not in CA nor a CA resident.Does the state of California require or necessitate anything additional from the LLC that has an investor that does reside in CA?

that's our Architects version of Modern Farm house.. and in that location we can get by with the taller roofs in some jurisdictions you have height limits that necessitate prairie style roofs here in the PDX metro area ( cant block sunlight of the neighbor) 

Depending on the type of window replacement, it can necessitate removing siding which is why it is best to do both at the same time.