When filling out an application for a new investment real estate property loan, it is the interest only portion that figures into our monthly obligations.  

Our incomes and the income of the investment properties looked good on the application.  

There are areas in Monmouth and Middlesex counties where rent is $1800-$2000 a month for a two bedroom and you'll get 20-30 tenant applications within a week of listing it. 

Real Estate - ReciprocalPurpose:This application is for an individual Broker or Salesperson who is actively licensed by examination in a reciprocal state.

You don't have to do it daily, but try to group showings together/back to back etc. this creates competition when applicants see other applicants viewing the property.

The only other implication I can think of is: (as always) just be truthful on your Taxes and Loan Applications.

Besides being able to check the box and receive your license after you take the test, the class will contain loads of applicable knowledge and skills that you can carry with you and build upon your entire career.These are just my two cents gained from listening to podcasts and reading books and blogs.

Any person who engages in the business of a real estate broker or real estate salesperson without obtaining a license as provided in this chapter shall be fined not more than one thousand dollars or imprisoned not more than six months or both, and shall be ineligible to obtain a license for one year from the date of conviction of such offense, except that the commission, in its discretion, may grant a license to such person within such one-year period upon application and after a hearing on such application.If you get a license or if you have a licensed agent or broker in your company, I think that is the way to go. 

It took numerous phone calls from my agent and myself to random people in some outsourced office halfway across the country and weeks of stress to finally get the loan closed (and only because the seller agreed to an extension at the last minute).

Because the units are sub 30k, I am not pressured to take the first applicant with a heart beat.My units are well maintained units with nice paint colors, appliances, washers and dryers (used but nice).I do treat them well and give them the tools they need to be responsible.