These contractor license required states are basically allowing by law a contractor to lie to a customer legally and knowingly that they are qualified because they bare a license.

In a world where technology has become omnipresent, the Internet is a valuable marketing resource.

Basically, if you represent it's going to be a second home and then rent it out a lot, you will be lying about your intended use of the home.  

@Benjamin West, you can always look into a technology-driven, full service property management company that will take care of that for you.

That is no lie.

We are doing this deal with very little money out of pocket as we have found a partner who is just looking to make a decent return on their capital that has been lying in the bank being eaten away by appreciation.

He could really use a tutor to show him how to market and use technology this day and age.

Other crazy things i can think of is not live in the house at all, check land zoning for ways to spilt a home get more value, bundle multiple services(insurances,power, water, etc) of the home through one provider then charge a base rate to the tenants plus overages. not many thing i can think of short of lie/cheat/steal  to rip off someone and take advantage.

If they lie and the previous tenant moves in, you can terminate the lease immediately for breach of contract -  according to statute  NCGS 42-26 .

It's a lot easier to break into notes in today's market with the use of technology then it was back when I started in 2004 when I was dialing for dollars for hours.