@Dan Roma Here in MA (and it might be nationwide) it is illegal for a licensed person to pay an unlicensed person.As a Realtor, I'd rather walk away from a deal if it meant violating the law to get it. 

@Nick Ruffini I'm not looking for any business ownership, strictly a landlord-tenant relationship.

I'm a fresh law school graduate (from Univ. of Fla.

does your city/state have any specific laws about giving notice at the end of a lease period? 

My father in law is looking to partner with me, him bringing the cash, myself finding the deal and working it.

It has all of the instructions you need.You may only do this if:They are not currently in a term lease (ie, they are month-to-month, not under a lease that has yet to expire)You give 60 days noticeYou pay them 1 months rentYou actually intend to occupy the unitYou do NOT rent it out again for at least 12 months, even if your situation changes and you move out again.You can find the form here:http://www.sjto.gov.on.ca/documents/ltb/Notices%20...I also highly recommend you read the actual rules about it here:https://www.ontario.ca/laws/statute/06r17#BK65In fact, read that whole document if you're ever going to run a rental property.

However, I am going through the course right now and it seems like a lot of it is very important to being a real estate agent (agency, laws, etc.).

ask the federal bankruptcy court to lift the stay for your lease.see: https://realestate.findlaw.com/landlord-tenant-law...

You have an entity set up already and Nevada has very strong asset protection laws in place.

@Heath Reid Assuming that AL laws are similar to MA, you'll have to honor existing leases.