All they want to know is that the property will be maintained and that they won't be cheated by a slum lord.

But agree taking proper steps to maintain good accounting and keeping personal and businesses separate is good practice.

However, many other functions require a license, such as advertising and maintenance.Although an agreement/contract can theoretically be made for a limited scope of work so that no license is required, it may be very difficult to maintain (especially with family and friends!).

We want to maintain ample reserves until our unit mix allows us to offset the risks a little more.

And you have ongoing expenses and continued education to maintain your license.Most brokerages support a single agent culture, so it's a bit of an uphill battle.

It was a B class facility and was very well maintained!

As for College Station, I measure the market health by Apartments and they are struggling to maintain occupancy at the expense of increasing concessions.  

Credit score scales can differ, but the 300 - 850 scale is the most commonly used one.Excellent 800-850Very Good 740-799Good 670-739Fair 580-669Poor 300-579Learn what it takes to build and maintain very good credit, 740+.  

You should pretty business savvy, so it shouldn't be an issue having a years worth of Capitol to start and maintain a successful business.

You have to maintain an LLC precisely in order for it to have any value and frankly few investors have that kind of patience and attention to detail.