I suspect if you actually moved in for a time and then found a need to sub lease you could do that.but if its a scheme your working .. then yes it sure sounds like licensed activity as you need a license to lease or offer to lease property to others that you don't own.that's the reason you have Property management companies and the reason they are licensed..

There are only 2 conditions where this is true discounting very short term 1) the investor for some reason is seeking a lower return than they would have achieved by investing in Ca 2) the duration that was being evaluated started in a small window (I suspect the window is less than 4 years) around 2008.  

The existing bathroom tile is half torn up (I suspect they had a hose burst on the washer machine and it soaked into the subfloor and popped the tiles.)No finished flooring in closet (subfloor exposed)Handle is missing on shower valve.

David - yes, I suspect that agrihoods will continue to fill an interesting real estate niche as there are a lot of very interesting development opportunities that cater to a wide variety of potential customer segments from tiny home enthusiasts all the way to more retirement-age types.

But for most of us mere mortals, a $50k or $150k loss on a property would wreck our finances (if not ruin our lives completely), so we pay a relatively small percentage of that to pass that risk on to an insurance company.I suspect the reason your neurosurgeon friends don't carry insurance is they can afford not to.

@Ray Lai  like many of these bashing agents posts on BP I suspect there is two sides to the story here. asking for a buyers brokers agreement and an up front retainer is fine.. nothing slimy about it or sleazy .. the OP does not have a gun to his head . 

However, I suspect many might take this as an opportunity to "buy the dip" in real estate here as one might say for stocks (I am also an equities investor/trader).

I suspect there's a balance between wanting a hungry/caffeinated agent and a wealthy agent who would rather spend his time on his own deals.  

If we're talking about purchasing a rental property in the area where you already have another one - the answer is also yes.But I suspect you're talking about a new rental property in a new area, or maybe even your very first investment property.

I suspect one you do that, your top markets might look much different.