Spent money and time on marketing and prospecting but no results.

It seems as if your prospective landlord wants to have unreported income and the ability to easily evict you if a purchaser requests vacant possession.

However, I think Miami has some good prospects.

Well said and spot on, I say NYC is and will be the most tenant friendly city and nothing will be done for landlords.Thank god I finish investing in New York, there is no positive outcome for beginner and mid level investors.

Hi, I want to know what is the opinion about the prospect of investing in rental properties in North Kenwood Area (around E46th Ave, and Ellis Ave?)

He calmly drove back to his company office 25 miles away .Meanwhile I had sent him an email the night before, asking if he even had one call or inquiry yet from a tenant prospect??

There are many pros, but two cons that seem most prominent in my mind of the bat: 1) getting a license doesn't make you an expert out of the gate, even with MLS - an experienced real estate agent can guide you into an emerging market that you might not know about vs. an obvious, saturated market, for example, or explain why a comp only .2 miles away is actually no good for your prospective purchase, among other things 2) if any litigation were to arise in your r.e. business, having a license will almost undoubtedly mean you are held to a higher standard, probably with respect to any aspect of the deal. 

Here are some considerations1- outcome of past similar cases, in state and county?

Track all you do and review it regularly and see where you might cut your expenses gain your income.Always do your math analysis and try to look at your prospective properties before you make an offer or at least put a clause in the sales contract (for about 10 to15 days) without a penalty that will hurt you too much.  

I am excited about the prospect of house hacking in the next 6 months with the goal of acquiring more buy and hold properties down the line.