I got my license for two reasons.  1) Just as @Jeremy Aldridge it gives insight on the entire process of the real estate transactions.  2) By law, having a license holds you to a higher standard in regards to disclosures you have to make which, if you are a shady business person, will hurt your profits.

For instance, if our imaginary apartment building qualified for 80% LTV financing, but the industrial building only qualified for 70% LTV financing, then the apartment building might be able to generate a higher COC return than the industrial building due to the financing options. 

Buyer would be all in at just under $260k, their profit would be approximately $30k - $50k.I tried to be really conservative with these numbers.

I'm really curious, how much did their analysis sheet say you'd profit and how much did you end up profiting (or losing)?

I know the risk associated with these properties are high, and it would take a lot work to make the property profitable. 

Your legal and compliance costs will massively eat into your profits.

In my area, if I can get a house below $100k, I know I can make a profit.

I am here to learn and work as hard as I can in order to reach my goal of generating wealth that can be passed down to my daughter.Thank you all for your time and I look forward to connecting with you.

This of course cuts into your profits, but the education gained has a value too.Next would be hard money. 

They require a "chattel", or personal property loan.Your challenge in making a business rehabbing mobile homes for profit is to find a lender who will write these loans.