Some people just want to learn for the fun of it, but having a NC and CA license isn't going to make you that much more marketable as a real-estate agent or increase your earning potential as a wholesaler.If you're in it to be a good real-estate agent in either, you want to pick up real-estate sales books.

I am not sure if that is good or not but I believe the purpose is to keep the price of homes from increasing.  

Guess who makes more money when the bid increases.

Is there opportunity to increase rents?

Unfortunately rents have not kept up with the increase. 

You might consider partnering to increase buying ability.Good Luck,Jim

Since our purchase the market has started to level out but noticeable increase in the value of our property nevertheless. 1 month of sweat equity and a fresh paint job, the place looks pristine. 

I would increase vacancy and Capex to 12 to 15% and plan on losing 20% to 30% of asset value.

Once you've developed a good working relationship, you can increase the amount of work you give someone. 

It has already been pointed out that property taxes will significantly increase some time after the sale.