A co-worker who is also an agent and investor was practically pulling his hair out because in his opinion my premium was so high $712 a year for a 2 bed/1 bath 800 sq ft.

In the meantime, read, study, practice, learn.....

Networking is always a great practice and you never know who you might meet there and what good information they have to share.

 @Bob Foglia Before you exchange that older property, you may want to use the 2014 Tangible Property Regulations (TPRs) to get the old depreciation schedule scrubbed for capital to expense reversals.

If you are doing much of anything else you are effectively brokering the sale of real property which is regulated in the US, i.e. you need a real estate license.As far as a real estate transaction goes, in brief:  get an offer accepted, enter and finish attorney review, now the property is "under contract" to sell, complete any due diligenence (e.g. inspections), get to closing...Since you are selling the Right to Purchase, you need to have a contract first. 

I definitely was looking to use it to practice analyzing deals more so.

@Bjorn Ahlblad and @Kim Meredith Hampton - thanks to you both - I'm practicing all my negotiation skills on my husband! 

Definitely getting to practice my negotiation skills!

This law provides that before the owner of a single-family residential rental property sells or transfers the property to another, the current tenant has the opportunity to purchase the property on commercially reasonable terms.Quick correction - this isn't a Maryland Law, its a Baltimore City regulation and only applies within city limits (i.e., it does NOT apply in Baltimore County). 

It will give you good practice for how to handle transactions for clients and put you in the client's shoes.