I need to bring up my credit score just a bit and reduce our consumer debt a bit so we can qualify for an FHA loan and house hack our way into a MFH.

Roads, improvements, park, services.That reduces from 36 lots to may be 24 lots.

He was trying to do it on reduced commission to make the numbers work.

Figuring that the majority of agents quit within the first 6 Months to a year because they don't earn enough income you are in the perfect spot of not needing alot of income since you are still in school.

most anyone with any experience is not going to go behind a HML as their funds are in jeopardy of being wiped out.. at least not to make it even remotely interesting to a Private lender to make 8 to 10% interest in such a precarious situation.. now you might find the PML who fell of the turnip truck.. but anyone with any experience wont do thisI would recommend you recalibrate and look for that equity partner.. share the wealth until you have enough capital to do these yourself.If you don't have 20 to 40k of your own money by now then you need to earn it and save up.Like I said you may stumble into someone who does not know what they are doing.. but find that local guy create a relationship make them some real money it will serve you far better in the long run.. trust me on this

License law issues aside there are so many more ways to earn money as an agent than a wholesaler.

During this updating process, I have remembered how much I love the coordinating of deals and overall general feel of RE ... so I am scheduling my classes to earn my license here in Texas to resume my former practice,  continue as a rehabber, and prepare for a future as a multi-family property owner. 

If you allow one tenant, and not others, to break lease agreement without penalty or reduced rent for no other reason other than "the tenant requests it", it may be construe as a discriminatory move by the others.And no, I will not consider lowering rent or modifying the current lease terms.  

I recently earned a FL Real Estate license and am now working as an agent. 

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