I remember my broker recommending me not to be an investor as a license agent.I currently live in Charlotte NCWhat are the advantage/disadvantage of being an investor with a real estate license?

The more you have, the more options you have.You will need a construction team, an escrow company (or closing agent - attorney in some states), and a title company.Having access to REO and short sales prior to them hitting the market is a key leg up in this market, use that to your advantage.

I am also not interested in a real fixer-upper yet despite the obvious advantages.

We were asked to give quotes before in competition with the bigger G.Cs and we bent over backwards to land those deals and make people happy, and everyone of those deals ran smoother and finished ahead of schedule compared to the ones the GC gave us.So just shop around you might be able to land a good relationship with a smaller group but not always.

As such, borrower's who do get taken advantage of this would have affirmative defense grounds.

As an agent in NY in competitive markets I try to push the attorney approvals as quickly as possible.

That may be advantageous or not depending on the situation.At the very least, maybe its worth it to have the vacant land?

Look at schools, housing stats for that town, upcoming competition, vacancy rates of existing competition, nearby jobs, retail, schools, ect.

For highly competitive bank owned houses a cash offer is what you want to have.

Hopefully you take advantage of the keyword alerts, if you haven't done so already.