Once you complete the pre-licensing course, you'll receive a certificate of completion from whichever school you attended that you must present at the testing center.

There is not a test case on target here, but SDIRA are getting more IRS scrutiny since the least little transgression blows up the IRA and yields more taxes and penalties. 

This will vary person to person but there are many people who haven't even "stressed tested" their real estate portfolios to even account for a depreciating market.This is also one area where the much maligned Cleveland cash flow crowd is in a better position than the "real wealth" San Fran equity out crowd:  the cash flow folks can likely cover their margin with the rental generated cash flow, if you've equity stripped your San Fran assets to expand your empire you really have no recourse if the APV goes down and you are overextended relative to your cash reserves.

JV's are the way to go, you can "test drive" one another and you may end up with your "business partner."

That being said, if you want to do the test campaign of 100 letters/postcards (which is a good way to get your feet wet) and if you're expecting to see ANY kind of tangible, meaningful response from it, the quality of the copy and especially the quality of your list (along with how well you've filtered through the data) can and will have a major impact on your response rate.Yes - you can send out a direct mail campaign "just for kicks", but if you aren't taking the right specific actions along the way, you're going to be disappointed in your response rate, which will only deter you from taking further action (because you'll have the wrong idea from the beginning about the effectiveness of direct mail as a marketing tool). 

I test an idea by mentioning what I think is a great REI idea to the inner circle at GaREIA and if I hear coughs, I know I have a winner.  

We always advise in maters of this nature, to test before buying.

If all this wasn’t enough in supporting the status quo, a few legislators and DORA working with the CAI have proposed a Bill (even before the law is fully implemented) to change licensing rules to further promote CAI educational courses and membership, allowing the CAI to partner with and complete DORA responsibilities of credentialing, testing, and grading CAM applicants, and gaining exclusions selected CAI members.Licensing of CAMs in Colorado is truly the fox watching over the henhouse and exemplifies why it is so difficult to bring trust and participation from citizens in our government.

If cash flow is your only goal, that is pretty slim.

Regardless of the report it doesn't really pass the eyeball test which is our bigger concern for discriminating buyers.