If a loan is on an commercial property, say a for profit day care center/retail store or non for profit charity organization or church, can we do assignment on the monthly operating income or grant?

All real estate activities you do are subject to the oversite of your broker because a claim can be made against their e&o insurance.2) I would contend that in some states you absolutely have to be licensed to wholesale legally...and in other states I would say a licensed agent should absolutely never wholesale via the method of using an assignable contract. 

(versus throwing numbers around from the get-go prior to or after applying) Look at the other places listed for rent in the same area and you will get an idea of what is the 'normal' price for say a 3 bed, 2 bath house. 

And if you want size, I would say a modest patio with a small fenced in yard (if possible) is more valuable for many renters, since lots of people have dogs or even little kids they can let play in an enclosed area.

The gray area is when you use, say, a TX SLLC, to own real estate in a state that does not have a corresponding SLLC statute. 

Yiu say a few things that don't make sense.

So these clients have a property where investors are willing to pay them $33,333 for each $1,000 of NOI and take their money and invest in an area where investors are ONLY willing to pay $11,111 for $1,000 of NOI at lets say a 9% cap. 

I owed 72k on the first and I got a heloc for 98k or something (65 or 70% LTV).But the previous poster had the perfect reason why you should do that - real estate's true value is in its ability to leverage other people's money - i.e. the bank's.By owning a house free and clear, you're losing a lot of the benefits that real estate provides.1) You have no mortg interest to deduct so you'll end up paying taxes on a chunk of the rental income.2) You'll get no principal paydown.3) Your appreciation on say a 150k house at 3% (4,500) will give you a return of 3% if you put down 150k on it.

For example, let's say a non-disqualified person provides a loan to my SDIRA.

All in all I'd say a California Real Estate License will only do you any good if you intend on selling some California Real Estate.