Fictitious business names in California expire five years from the date of filing unless you re-file to renew them every five years. 

Should I get my real estate licence to do this?   

Based on the information you provided I am seeing the following rental numbersRent Roll: $1450Mortgage: -$988Taxes: -$416 (typical taxes are around $5k a year - but could be higher or lower depending on the area)Insurance: -$100Water/Sewer: -$33 (the norm in Camden county is that the owner pays water sewer, but you could possibly have the tenant pay)Licences: -$15Before repairs, vac, property management, and cap ex you are looking at a cashflow of -$102.

@Jonathan W Ford Getting a real estate licence is a good way to gain some knowledge on real estate but it in no way prepares you to be a real estate investor.

Just listings though.If you are wanting to find deals and assign them to investors, you don't need a licence for that. 

I don't know what the sales price is, so using fictitious numbers if the house is $100K, assuming market value didn't change of the course of a year), buyer 1 would have paid $85K and buyer 2 is paying $102K...even after the $3462, you are still much further ahead. 

I'm work for my family's business that owns some commercial properties, and now I have also obtained a real estate salesperson license and have affiliated with a brokerage firm.With Georgia real estate licence regulations, am I allowed to continue managing and leasing my family's property as a salaried employee of the family business (no commissions from leasing activity) without signing any agreements or with the broker I am affiliated with?

The first thing that popped into my head was getting my real estate licence and becoming an agent. 

I have a no smoking clause in the lease and because we're in Aurora the city forces the tenant and landlord to sign a Crime Free Addendum which has to be signed and returned to the city in order for me to obtain my landlord licence from the city. 

Maldonado,If you're considering just getting your licence to do you own deals...don't.