You won't necessarily have to worry with a license since our state's license law is nice and laxed in this area (a benefit until it isn't).Admittedly this forum is chock full of agents, flippers, buy-and-holders, and many other types of REI folks but scant few OKC developers lurk here.   

Most HMLs want to be the only lien holders.

Also had a young lady that rented for about 2 1/2 years under the program, got herself together and eventually purchased her very own home. so there are good tenants if you take the time to screen them.bad ones that i thought were going to be ok ended up with a boyfriend hanging around and police being called for disturbances all the time, or the lady that was taking care of her granddaughter but would allow her sons to stay there a few nights sometimes, well he tried to make a drug buy something went wrong and someone shot at him hitting my place, Now she had never been a problem and kept the place well but i later found out the son & a sister was living there for two month while the tenant was staying out of town with a friend.Section 8 get's a bad rep but not all voucher holders are bad tenants.Sometimes landlords just want the money and don't care who they put in their units as long as that voucher amount covers the rent.

@Andy Sabisch,That is why I target the smaller retirement account holders for these deals.

Is there a brokerage you'd recommend that will provide adequate training (hands-on/ maybe let me shadow etc) as a license holder AND deal pretty frequently with investors (as I wholesale)?

I wonder if there is anyone has similar experience on this... any advise on how to start off, recommended consultant agencies to go over visa options, health insurance, buying properties dos and don'ts and more...

We are buy-and-holders and aren't banking on any appraisal or appreciation to do anything, and will consider any higher appraisal at sale time in 10+ years to be gravy.

You are the equity holder, so you only get "rewarded" if all goes well, which is a matter of how well you can manage the effort / project. 

Did the first mortgage holder cooperate with you?

Its best to just use the current mortgage holders login information, and not change anything.