You are recognized as having a greater knowledge as a broker/agent than an agent, in reality with some mentioning of your license you may be selected over another agent based on perception by the public.Be good too, the judge will also look at you in a more professional light.Now, reality, the additional education is over office management, licensing requirements of agents, administrative aspects, escrow accounts and accounting, MLS, advertising requirements, it's not more in depth as to real estate from a property or marketing standpoint. 

These two words are interchangeable.The thing to remember is that this is another way to pass property to the surviving spouse without going through the time and expense of full probate administration.

Verify with administrator/custodian that will hold the LLC ownership.

But we are currently not because of the current administration.

The cost and complexity of administration as compared to just having separate standalone LLC's is generally not much different. 

Some investors do need help with their operations and may be willing to pay for administrative tasks they outsource.

https://www.toledoblade.com/local/city/2020/06/26/kapszukiewicz-administration-delays-lead-safe-housing-enforcement-citing-coronavirus/stories/20200626079The latest and greatest on the Toledo Lead Ordinance.

Some times HELOCs have a little bit more administrative oversight depending on the Mortgagee so I would recommend disclosing the LC/CFD.  

The "administrative redemption period" continues for three years after the date of the tax sale.

You just need to find a vacant house with a little paper sign in the window that says "These premises secured by <insert remote monitoring company>" and find the owners.If it goes to sale, then the owners are not only on the hook for the remainder of the mortgage, but also for the commission, the lawyer fees paid by the bank to take their home from them, and administrative fees and penalties from the bank.