You need at least two years of sales person experience (and accrue enough points) or three years of general RE experience to even apply to get the broker's license in NY.  

The tenant problems that usually come with this will far outweigh any benefits in terms of returnsAre you going to re-finance it after purchase/rehab and after you pay off your line of credit?

I have a referral for a licensed real estate agent in Jackson, TN. An ideal agent would be someone who enjoys working with a first time home buyer, who has the heart of a teacher, and who is familiar with investing st...

I know when I borrow money and granted its usually in the millions I have my financial package all ready to go on demand and it includes criminal and all my current licensed Mortgage banker RE broker etc.. just thinks its professional when you have those.. then if a potential investors wants to run their own.. that's fine.. but I won't give out my SS to just anyone it has to be worth it to me.. ( changing hats).So that's maybe a little of subject but the amount of people that I talk to that invested with a known shyster really does boggle me sometimes.

For the car it would be also for traveling to other areas for potential RE investing and to network and meetings

We spent around $30-40k just in the last year and a half alone as my wife and I were planning on making this our long term house (we didnt anticipate buying a business and moving out of town) and also making this a show piece with upgrades, nice carpentry etc to show people the work Im capable of in the RE world. 

How does RE fit into them?

It would be hard to get no money down deal with that credit and no RE investment experience.

The fee they pay covers the administrative costs of updating leases and tenant ledgers as well as re-keying the property, to ensure the departed roommate does not have access to the unit once the termination goes into effect.  

When the actives are done, wake-up the old defaulted ones and make them a settlement offer of 25% or so, unless it re-starts the 7 year clock on your credit.