You many need a licensed mortgage originator, too, especially if you're going to live in it.

Hi BP -I'm looking to get my RE license.

So I lucked out he has the construction background and the licenses to help out on the buy and sell portion of the deal.

Your friend is able to manage the properties because he is exempted from the licensing requirement as the owner of the properties.

have a real estate license in Houston and acting like an active member in the business with the rest of my family members are non-active /semi active.

Instead, you need to obtain the sales agent license first.

Where I am the broker would be the intermediary (the agency relationship is actually with the broker with the licensed salesperson acting on behalf of the broker).

@Jeremy Roberts Welcome to BP.I am also a licensed real estate broker in Illinois.

Besides the info here won't cost you one red cent and there are experienced professionals in various aspects of real estate investing from residential to commercial, licensed pros, wholesalers, rehabbers, landlords the works.

@Carrie Smukal, If the city has remove the water meter, they will not replace the meter until the home is inspected by them or a licensed plumber at your expense.