It is heartwarming to see so many wonderful people coming forward to help out in these forums with their valuable experience and suggestions. 

Having a license could be extremely valuable, but it depends on your goals.

A smart realtor will understand that a solid relationship with an investor is valuable in and of itself.

I wanted to share some of the tactics that have helped us collect over 99% of rents, and would love what you have done to increase collections, so we can all learn from one another.Here it is:- early birds discounts of $50 per month (if someone paid rents in March for April, they received a $50 discount)- flex payment plan - tenants who lost their jobs can make partial payment and the rest of the unpaid rent is amortized over the life of the lease- sharing valuable information with our tenants re the PPP/EIDL loans for small business owners and independent contractors, nearby charities that provide food and necessities, information on unemployment applications, local businesses that are hiring right now, etc.- Walmart gift cards for tenants who have lost their jobs- switching to Rhino to allow tenants use their security deposits to pay rent in exchange of singing on a rental insurance ($5-$10/month)- keep an honest and open line of communications with our tenants, and letting them know we are there for them.How did you handle rent collections? 

That would be a super straighforward way to become a valuable member of a partnership using skills, network, and resources you've already built up!

From our point of view that is a very valuable distinction and I've never had a tenant question it.4) An eviction occurring now tells me a tenant had no problem staying somewhere they could no longer afford instead of leaving voluntarily, and for that matter, stayed until the last possible second. 

Is your time not valuable?

People forget how valuable the actual licensing course is for learning about all aspects of real estate.

For the buy and hold folks, cash on cash is likely more valuable since there may never be a liquidation event to be able to calculate the IRR.

The search function will be able to provide valuable answers to your question.In short - you should consult with an attorney to see if an LLC is right for you.