The pros to getting the license are that you will learn a lot of the “nuts and bolts” of real estate, that it can enable you to enter a career in real estate if you choose, and the additional knowledge you gain could be useful.

As an investor who has used simple 1031's for rental property exchanges, I wouldn't proceed without a thorough professional review and you will need a pretty specific profile of property you want to exchange into in order to plan out the whole transaction soup to nuts.

After repairing a zillion holes and really poor repair jobs (the gobs of spackle they let dry and must be sanded -- I can't stand that) in our last renovation, I went a bit nuts in my next lease.  

What can I use as the basis of this house, the assigned contract is 375,000, plus I paid a finders fee of 180,000, (yes and maybe I am nuts) total cost of house was 555,000.

Miscellaneous is nuts.

For the first few deals, LLC might not be fruitful, but your personal situation might require one.

Well I waited, worried, wrung my hands, went a little nuts with 2+ months vacant house.

I know that area gets nuts in the spring/summer and I personally know people who rented there over the summer religiously and paid extra because they were getting paid so much through the summer. 

That doesn't mean you have to retire at 65.That thought process leads to leaving an employer match on the table, which I think is nuts.

If I told you in 2001 I would end up doing what amounts to over 1000  deals in Jackson MS from Portland Oregon I would have said your nuts..