From most information that I have read this seem to be a smart way to start especially when you have limited income.

I won't need the LLC anymore, and it seems to me the LLC would offer the buyer the following benefits:- Seemless transfer from the standpoint of the tenants.

Seems like the homes are already cash flowing at $750 per month each.

Natural gas on the other hand seems to be turning up everywhere these days, so even without the potential for massive future electrical rate increases if gas makes much more sense, I'd stick with gas!

Everyone seems to be holding on to these properties like gold but there has to be some opportunity out there.

I have always been fascinated with RE and have decided this is the time to start investing as the timing just seems right for us. 

I know, I know that seems like allot to ask for but I find myself after hard work and a little bit of luck I am at a place in my life where I can say I have accomplished that.

The inspector seems to make the decision as to what is a fair rent.

Makes me think there is more to this town's story.Good point, big issue is always "What is it I need to know but can't seem to find?" 

If all you're looking for in a RE license is access to the MLS and to lower your transaction costs, it seems way better to just do a deal than to go through the whole licensing process.