I got my real estate license per my state's requirement to do notes.       

Not only are IA and NE local, but you’ll find it easier to borrow money.Iowa only requires a license to lend money on owner-occupied properties, so this doesn’t apply if you’re flipping.

@Krystle Khoo - cozy is great and easyHemlane is cool if you want options for help with maintenance

Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

This means that, while companies may "require" experience with it, they may not actually be able to find a good candidate who has that experience.

You also should list how much $ you are putting into the deal even with ownership of the lots as depending on that equity a lender will require you to start with your own funds. 

It's just another item that requires maintenance. 

When I self-managed properties, I would pre-vet people (ask them questions and review the requirements), so only (very) qualified people applied. 

The use of the plural in Reg § 1.469-9(c)(4) indicates that both spouses on a joint return are considered qualifying taxpayers if one spouse separately satisfies both requirements of RE pro. 

Limited maintenance is required, which I ensure with local handymen or contractors.