You need to create a good agreement with the current owner....And then you need to be able to act on that agreement, aka sell your position fast.

Not all banks are created equal when it comes to a particular asset class.

The house was sold in October 2017.Last month (March 2018), the new owner reached out to my agent and said that the workmanship of the remodel was crappy and caused the leak behind the walls, and created mold to grow.

However, I don't want to create a liability for myself by being licensed, and I know another investor here has mentioned that there are some tax disadvantages to holding a license.

Okay, great point and I think may have been my ulterior motive in creating this thread.

I also thought about creating some kind of loan or rental agreement with the homeowner but didn't really look into the details of it yet.

You have target  to pay off early to create more equity so right approach will be lower interest rate.

I don't understand why asking for help is creating so much chaos and criticism.

In fact, the NQU rule was specifically created to break the loophole of moving back.4.

He's saying use the word rental when creating an LLC to hold title to your properties as opposed to creating an LLC that doesn't so that it stands out to future landlords when they review a tenant's credit report.