I have another lady that if a week goes by and she hasn't received a solid applicant she is dropping the rents.. 

Ladies and Gentlemen of the Bigger Pockets Community, thank you for taking the time to entertain my elementary question.  

And what I did in all my years in CA.. is I simply close on the deals then resold.. and you NEED to disclose your a principal and licensed.. and that's no biggee one line in the contract..but I think a lot of this is situatational.. if you had an agent telling little old lady here nice clean Rancher in Santa Rosa that is worth 600k is only worth 400k and you resell with doing little to nothing and make 200k.. that will be frowned upon.You take a house that is falling down  extreme hoarder   bare land other types you can be more liberal with value interpretations. and unconcienable profits.

Lady had like 4 lemur-looking pets... no joke.  

While living at this house, I did some fixing up and the value rose substantially.

On the other hand, I recently had another tenant move out -- an elderly lady who had a small dog and a son nearby who helped greatly with the rental -- and the house was immaculate.

I started at 18 with my RE license in CA  brokers at 20 and never looked back.. has it all been a bed of roses of course not damn near got wiped out in 08 GFC... but I would never trade it for anything.

*Edit* Sorry, I'm not a lady. 

Account Closed I just basically called and talked to a lady at the office.

The seller is an elderly lady who's owned the property for 20 years, so she has 20 years worth of her stuff in the property.