You may get one more year from them with a $75 increase but that's about all.

House hacking is a financial no-brainer, it eliminates you single biggest monthly expense, so you can increase your savings rate.

A prior cost segregation study increases the depreciation taken during the owner’s lifetime, lowering taxable income each year.

They may have been introduced to wholesaling as a low-barrier entry into real estate and never considered licensing as a viable option.Why Getting Licensed Could Be Beneficial:Access to MLS: Licensed agents can access MLS listings, making it easier to find deals and run comps.Credibility: Being licensed can increase trust and credibility with sellers and buyers.Expanded Opportunities: As you mentioned, having a license opens up the option to list properties traditionally when wholesaling isn’t the best fit.Legal Clarity: Licensing helps clarify what you can and can’t do, reducing the risk of running into legal issues that plague unlicensed wholesalers.It’s a balancing act, but for many serious operators, getting licensed seems like a logical step to expand opportunities and ensure compliance.

the key thing for a BRRRR is: can you increase the ARV significantly enough with the rehab?

The margins are tight which increases risk.

With VRBO, strangely, it keeps recommending significant increases which isn't wrong.

So the added cashflow to property owners it they are willing to become the developer and increase density that tactic could help more owners stay than could otherwise afford to stay. 

Though I expect that to increase in the future when more ADUs are constructed.

Corona impacts will greatly impact this surplus but it is nice that the state had a $9B surplus.CA, over the last 10 years, had the 2nd largest net population increase of all 50 states (last I looked - I believe it to still be true).