The only exception I've seen thus far is: "For example, if a property owner employs someone to manage their property, and that employee is paid a salary, as opposed to being paid a commission or on a transactional basis, a broker's license is not required."  

My commitment and participation as a 70 year old RE broker, general and manufactured home contractor, manufactured home dealer, developer, property manager and investor would be two days a week of in office management responsibilities i.e. managing, the on staff office personnel which consists of a receptionist with clerical responsibilities, a full time accountant and a property maintenance manager whose responsibilities include working and scheduling the 4 full time maintenance employees and several non employee licensed contractors responsible for larger ongoing structural  property maintenance.The buy in is a substantial mid six figure amount which is represents a good chunk of my investment portfolio.

A “loan originator” includes individuals and organizations, as well as an employee, agent or contractor of the creditor or loan originator organization.A loan originator may include an independent mortgage broker or a bank loan officer.Therefore, if you “make an extension of creditor for another person” you are a mortgage originator.As a selling homeowner who is going to do seller financing, you can be considered a mortgage originator.

Sounds like that tenant would become your employee.  

Do you have any employees of your own?

I hired a contractor as a full time employee to n manage my rehabs and it is going worse then when I did it.

However, it is not written well and does seem to conflict.Normally, when you are the manager, you are not technically a tenant (just an employee using their apartment while you work there), and you have to move out as soon as notice is given by you, or by the owner.

Harly,Welcome to BP.

If the worker is not an employee of a business entity, then they are working as an independent contractor.

Place got trashed in the process and then vandalized shortly thereafter (this was way before I knew the seller or I could have helped them to secure the place) But seller never followed through on the foreclosure.Fast forward to this year when I meet the seller and find out she never completed foreclosure, then to my astonishment realize that the folks who owe her...are some of my current employees!