I believe there are license allotments in many towns near and around Denver so you want to make sure there is a license available for the basement unit before you factor this into your cashflow plan.

But as written, it will change how wholesalers will need to do business.Disclaimer: While I’m a licensed attorney, I’m not your attorney.

I inquired about the possibility of a two-company structure: A traditional LLC that is the public face of the activities (collecting rents, paying contractors, etc.) and managing the Series LLC with each property in once cell in it (in this case, Series LLC is serving as a holding role).Again, one attorney said that would be much better than a standalone LLC and that is recommended approach, and the other said it is waste of time and money since there are some requirements from Texas Real Estate Commission, which is requiring being a licensed broker in the state to operate in the managing LLC.So, just want to hear what other Texas investors are doing when it comes to series LLCs regarding these issues. 

I can appreciate that advise but being a Realtor and and My Dad being an master electrician (with a much broader knowledge base that goes more into being a GC without a license - and no we won't use him as an unlicensed GC) I feel pretty confident that we can do our first flip and be successful.

We require a photo ID and a working cell phone prior to stay, and their system blocks me giving my cell number to them so they can text a copy of their license to me.

I suggest you talk to a real estate transactional attorney licensed in the state where the property is located and get their advice on your options. 

Just getting my feet wet out there over the last three years and its good to see the post and the additional feedback from some really savvy and experienced investors.Built about 10 cabins last year as I talked my ex brother in law into moving out there two years ago and getting our gc license. 

both myself and my office manager are licensed agents

I recently earned my real estate agent license in California, and I'm just one exam away from becoming a licensed architect here as well.

Hi John and Cecily,I invest and live in Dover as well as being a licensed Realtor in New Hampshire.