Maybe just let it go.If I act as a principal in a transaction, as In a lease, and sublease to another, I do not need a license.

I have used this website - seems pretty knowledgeable: http://inspectapedia.com/septic/lockwood.htm(norton safe website)kelly

If you are on a 300 transaction fee you will need to do less business to meet that reserve than if the split is 50/50 or 75/25 etc.

We're landlords, we provide safe and legal housing for a reasonable market rent rate.

Ky If I remember correctly you are buying a 100 unit in the Carolinas from another post you made.Your attorney who might be well versed in contracts will not have the knowledge that a commercial broker has unless possible they are an investor themselves.Doing contracts is one thing but being in trenches transacting deals is quite another.Is this property currently vacant, 50% occupied, or 100% occupied.

One way to address this in part is having a transaction coordinator managed the deal.

If you are planning to do many transactions, I think Equity Trust is a better option. www.trustetc.com.

The new owner is a company and a company can't occupy a property as a primary residence so you should be safe there.

A local title company will do all the research for you and give you a print out of all of the title activity and what it means.Depending on the type of transaction and where you are in the decision making process, hiring a title search can be a much less risky route.

Is this where I use transactional funding?