Sure, it can help if you're talking to people to mention that you are a broker, but outside of that, you don't get any special privileges or knowledge just from earning your RE license. 

My approach is to stick to my numbers and be patient, I have a long-term perspective, and can wait until we crest the peak of this real estate cycle.You can choose to work with an agent that will write bids for you based on local knowledge and your criteria as soon as they are listed.

Longer term goals include:Building wealthMonetizing what I hope will be a passionGain some residual incomeBuild a business of my own Ultimately provide financial independencePersonal fulfillmentLooking forward to expanding my knowledge and dipping my toes in the water with the hopes of someday being fully immersed.

-How knowledgeable are you with well and septic.

We currently rent out our home in Mascoutah, IL after I accepted a temporary position overseas, but didn't have the knowledge that I do now and it definitely doesn't cash-flow.

@Edward B.The loan is not attached to the property, the lender has a general knowledge about the investing I do but the loan is not attached to any single property.

There are strong MF meetups all around the DFW area with a wealth of knowledge and connections. 

But was hoping someone more knowledgeable could confirm what I think is true or not before I attempt to file taxes by tomorrow.The web gives 3 tax bracket examples of 15%, 25% and 28%. 

I have read J Scott's book on estimating Rehab costs, but being in California, the numbers will probably be way above what he states.Personally I have done some light electrical, plumbing, and remodeled a bathroom, so I have some construction knowledge.  

My name is Chris, and I'm a excited REI noob from South Florida and I'm looking forward to gaining and sharing all sorts of knowledge here on BP!