Hi Nathan,There are a wide range of opinions on BP about getting a license.

Actual performance varies widely among sponsors so digging in to historical actual performance versus projections can provide some insight into how realistic the sponsors are when they form their assumptions.And as you astutely pointed out, as we navigate from sunny weather and into potential storms forming on the horizon, it is only experience that overcomes the forces of nature. 

Say your talking about a 1980 3 bed 2 bath single-wide if good condition.So- you can collect an option fee- say $1000, or more maybe $1,500.

My business approach has always been to have a very wide path of ethical standards.

Welcome to the Wide World of Bigger Pockets.

My wife and I purchased a home here a few years ago, and have even rented it out on occasion, but that's the extent of my real estate experience.  

That is about the extent of my real estate other then reading.

Real estate investment covers a wide variety of vehicles that range from very time intensive (ex: doing your own flips) to very passive investments (ex: buying notes).

It’s a daily podcast covering a wide range of real estate related topics mostly focusing on commercial RE.

It will likely only go up if there is a city wide reval, but you can figure out easily by using your purchase price, the equalization ratio and rate for worst case scenario increase.