Quote from @Franklin Perez: You don't need a license to invest, and it may actually hurt you.

Do we go with the electricians recommendation and eat that cost to get the upstairs unit properly heated?

Please reach out and I can let you know the terms to hang your license with me. 

@Ella Marie the Pro's are you can build long term wealth, the Cons are you can lose money if you cannot properly quantify risk.

Licensed contractors supply materials and subsequently warranties.Also how would a flipper comply with assembly bill 968 if they supply materials? 

Quote from @Sebastian Bennett: I've been thinking about getting a real estate license.

Quote from @Joshua Alcantara: I’m looking to move out of the current "red ocean" of real estate wholesaling and focus on helping sellers with problematic titles, such as liens, divorce issues, probate, quitclaim deeds, etc.All my previous high-value assignment fees came from working with sellers who inherited properties without a proper deed.

Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.

There is no way to absorb the costs of properly renovating a home in its entirety when you are dealing with $115K assets.

They don't even sell courses.So, Licensing Experts definitely aren't a guru.