Some strides were clear success, others were failed attempts.

I worked with three different people during the course of attempting to get approval.Long story short, I steer clear of Capital Concepts too.

If he reaffirms the debt the seller can stay in the house and continue to make payments.The seller can continue to make payments, or let the bank take the house or attempt a short-sale.

I did attempt to purchase a duplex in the western part of Raleigh semi-close to NC State and it sold before I could even get an offer submitted to the seller.

If something were to happen at one of my rental properties and a tenant attempts legal action, they can only sue for the max value of that particular LLC (or property) and not my entire portfolio (is how I understand it).  

I attempted to take something from each and form my own plan but I have some steps missing.

Hi everyone,I just wanted to take a moment to say hello and attempt to be part of this collective force.Thank again for having me.

In the event redemption is attempted, it will be a judicial process.  

Many other states have very similar definitions of RE activity that requires a license.4735.01(A) "Real estate broker" includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to a power of attorney or otherwise, and who for a fee, commission, or other valuable consideration, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration does any of the following:(1) Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate;(2) Offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate;(3) Lists, or offers, attempts, or agrees to list, or auctions, or offers, attempts, or agrees to auction, any real estate;(4) Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate;(5) Operates, manages, or rents, or offers or attempts to operate, manage, or rent, other than as custodian, caretaker, or janitor, any building or portions of buildings to the public as tenants;(6) Advertises or holds self out as engaged in the business of selling, exchanging, purchasing, renting, or leasing real estate;(7) Directs or assists in the procuring of prospects or the negotiation of any transaction, other than mortgage financing, which does or is calculated to result in the sale, exchange, leasing, or renting of any real estate;(8) Is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby the broker undertakes primarily to promote the sale, exchange, purchase, rental, or leasing of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both, except that this division does not apply to a publisher of listings or compilations of sales of real estate by their owners;(9) Collects rental information for purposes of referring prospective tenants to rental units or locations of such units and charges the prospective tenants a fee.

Learn the ins and outs before you attempt to start and it will save you some headaches.