The property is located in my wholesaling "sweet spot" (No intention of any rehab due to the location.)

After a few heated discussions over the course of several weeks, it became clear to me that he had no intention of taking any responsibility for the work he had done.

There are differences being a licensed investor, primarily the duty to disclose that you hold a real estate license, and what your intentions are.

My hesitation in moving forward with getting a license was I have no intention of selling real estate for anyone but myself.  

@Rich E.We have been searching for a 6 -8 unit building in the downtown core that is in need of rejuvenation with the intention of renovating it specifically for pets.  

In order to do this, we used a line of credit on my old house to buy the new one with the intention to sell the old one, however, I am now reconsidering, even though it wouldn't meet the 1% rule and won't cash flow.

DISCLAIMER: I have no intention of actually buying this property, and anyone looking at this post should take this as a face-value exercise that I did for my own education. 

I moved up to Massachusetts with full intentions of moving back to NC within a few years. 

Jerry,Great answer, thank you.I am the only shareholder.My intention is not to pierce the veil.

I personally don't think you should accept a 5% listing if your intent is to pass the buck onto the selling agent.