Because every time you use your license, you are acting under the Broker's license and he/she is responsible.

Also, is there any method you know of to shorten the cash cycle?

*I am not a CPA, tax professional or a lawyer*I cannot give legal advice, so all of my advice is illegal advice.As far as I know, section 469 of the tax code is what allows for the "STR loophole". 

Andre,What is an "rmlo"?

Does the appraisal value really matter though if it generates a ton of income?

Hi @Heath Shepard,I don't have any personal experience with RP Capital, but which specific market is the duplex in that you're considering?

There is a burned out shell of a building located on a main street near our home.

I always recommend an agent that is also a successful investor. 

Thanks in todays world there is no such thing as anonymity.

@Tenzin Lhanzey a duplex is a solid place to start; there are dozens on/off market in minneapolis.