that's all I have done my entire adult life since I was first licensed at 18.. there is a difference in being a retail real estate sales person and using a license to further your investing goals.Its not an easy business by any means to be a retail agent and there is a high burn out rate.. not as high as wholesalers but its at least 50%...If your an ACTIVE investor I cant see how you can do without it.. if your fix and flipping in my mind its mandatory.its about 2k a year to keep sometimes less and If your business does not allow that or like some say the cost is to high then in my mind your not really in the business its a pittance to spend to have access to all the info and be in the club.if your goal is to be a lifelong landlord then work for a commercial brokerage that specializes in cash flow real estate just being there will open up doors.if by chance your very good at sales and have a very large warm market you may shock yourself in how much money you can make just in transactional real estate.. 

I can't say for sure (because I honestly don't know) but it seems like Wells Fargo has a special due diligence process for UT corps that are owned by non-UT residents. 

It was so far from my dreams, goals, and vision.With that being said,  I am part owner of an LLC who specializes in revitalizing distressed properties.

And historically people trying to micromanage this sort of thing rarely end up actually buying homes, for whatever reason, so it's not like there's any incentive to 'specialize' in this for lenders. 

I know man. my timeline for a rental isn't for another year. so I'm the meantime, I figured I would do as much as possible to prepare. but you're indeed correct

When I wanted to setup an LLC for my self-directed IRA for instance I used KKOS lawyers from the west coast because it's something they specialize in.I don't think you necessarily need to be local with those professionals unless you really want a face-to-face relationship. 90% of whatever you need will happen over phone or email anyway even if they're in town.

Come prepared to share your contact information and follow up with those you meet.

I need a few recommendations for an excellent realtor who specializes in rentals (and who gets a good number of REO's as well).

HOA fee - If HOA fees are not paid, business will incur fines, so it is necessary to make the profit in the business.8) Marketing expense and advertising9) Cleaning and maintenance10)Commission (Expenses like commission, abstract fees, recording fees to obtain your mortgage are not deductible but rather capitalized )11) Insurance12)Legal and other professional fees(Tax preparation for business, not personal part)13)Management fee if applicable14) Points- you generally cannot deduct the full amount the first year but have to deduct them over the term of the loan.15) Repairs (Note always do repairs rather than improvements to rental because repairs are deductible right away and do not have to depreciate over few years as done for improvements.

We specialize in properties with title issues.