Do I need a real estate license to manage a 22 unit complex owned by my parents in California? 

Something worse than the Chicago RTLO is being voted on soon that would apply to ALL of Cook County...it adopts all the requirements of Chicago’s RLTO AND the following:a) Limits late fees to $10/month (for only $10 a month, a tenant can withhold his rent until the last day of the month) andb) Eliminates move-in fees, which is what Chicago landlords started using to protect against the huge liability the RLTO created with security deposits.

I'm currently living at my parents house and saving money.

Luckily, I live in my parents house as they live in Florida now.

Right now I get to work from home so I am staying at parents' home in Sac to save money on rent, otherwise I would be living in Berkeley for my job.It seems like starting price is around $800k for a 4-plex in Oakland and around an extra $300k for a similar unit in Berkeley.

I was also thinking of asking my parents for a HELOC out of their current home to use for the down payment. 

I have also borrowed from family (parents’ HELOC) for a 3-6 month period and paid them back plus 10% interest.

I know that for my parents, when they wanted to stop working with a particular agent there was a $500.00 fine.   

I live in Ottawa Ontario Canada, and I'm looking to purchase my parent's townhome way undervalue.

Long time reader, first time poster and would like to first off thank everyone for the guidance and input shared on here, it's honestly been great.My family and I all work in the energy sector and are hoping to replicate my parents success in real estate, mainly buy and holds but most recently pre-construction (townhomes).