Steps: Sign up for a class, complete the online application with DBPR, sign up for background screening, complete class (DBPR has to clear you before you can test), take state exam, join brokerage, broker submits your application to state to join their firm, license becomes active (you cannot sell real estate until your license shows active with a brokerage), and then join Board of Realtors for your area. 

Investor sent hand written receipts signed by himself for over 5k dollars when tax and interest adds up to about 1,700.00.

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Without recent sales or feedback, it is not likely that your wife would be selected over the other two.

If you have not already done so, begin with the Ultimate Beginners Guide under the "Education" tab above and then select the "Guides" flyout.

Well the only thing I would like to add is that if you sign contracts and you're making representations to purchase if you cannot find a buyer then hopefully you're going to keep your word with the seller and honor the contract like any honest person would.

I have the signed contract for this property and have about 30 days to figure things out.

2) If we work out the details, and proceed without the help of VRBO, should I make him sign a simple month to month lease?

If you, the homeowner pulls permits on the home, you will sign an affidavit that will prevent you from selling the house for an entire year.