I don't really plan on actually BEING a real estate agent per se, I just went for the license for the access to MLS, the savings in commissions and the knowledge that taking the course brings.At any rate, I can either choose to select a sponsoring brokerage now and get my active license, or I can get an inactive license without a sponsoring brokerage.My question is, do any of you folks have any suggestions? 

@Tyler Mau one area to check out is Murfreesboro about 30-40 minutes SE of Nashville.

We owe $250k on it, and it's recently appraised at $500k with the new ADU and the increase in value over the last two years (its inner SE, if you're familiar with Portland). 

And know they will scrutinize every decision you make, tenant selection per se-all will have greater scrutiny. 

I currently live in NY but looking at investment properties in SE Florida as I winter down there and I'm looking to relocate in 1-2 yrs.

I am actually going to take my first "mini retirement" (phrased coined by Tim Ferriss) and spend the next six months backpacking SE Asia and Australia.

@Sean Mills I cannot answer your legal questions but if you decide on the SE Michigan market I can certainly help you find a property.

Yes, STR in SE Idaho have been doing very well.

If that weren't the case, then it would be a SE matter to refinance after the purchase is complete.My concern wasn't the cash, but the 2 for 1 aspect, which I'd not researched before.

I recognize that my proposed scenario isn't "real" per se, but I'm at a stage where I want to keep this passive as I have a job I enjoy, a young family, write some music for passive income royalties.