for clarity send your business plan with copies of your marketing to your state department of real estate and ask for a formal ruling.. they will do that in writing.. once U have that your good to go on whatever they tell you.I know that advertising in public be it e mail blasts website etc homes you dont own is simply not legal in any state.it just up to the states if they are going to spend time and money regulating those activities.. and in Inner city urban core where this activity is about 80% of the transactions..

Since I am the sponsor I get right of first refusal to buy out the departing member's interest. 2. 

@Mike Desmarais are you talking to the commercial department, or the residential?

I don't have much carryover contacts/transferrable skills from my hospital's department, but with just fixing up my home I can devote all my time trying to break into the field full time.

Make sure you check with zoning and the building department before converting to a 4-plex since it’s not always allowed.

@David Rubi, if he wants a salary to get his feet wet he can enter a CRE firm in the research department.

Talk to the building department to see if the lot is even buildable. 

When I asked my preferred contractor to show me his license, he shared with me a document (that I've verified on the Florida Division of Corporations webpage) proving that he's an LLC... however, I can't find his name or his business name on the Florida Department of Business and Professional Regulation website. 

Could you go do work for a commercial real estate company in their tax and accounting department?

Certainly the city/county water department would have had a record.