If your managing your own properties that you have a clear ownership interest in .. no licesne requiredif your managing properties for your clients IE collecting rent.. negoatiating leases etc.. then yes you need a brokers license with a PM component.. and you would have to work for a broker for 2 years then sit for your principal broker exam pass that and the property manager component..does not matter resi or commercial.. reason is your handling lots of money for investors and or negotiating contracts state wants those folks to be licensed and accountable. 

I currently have 2 pending contracts in escrow closing in December 2017.  

also......what contract would I use for this commercial property??

Hi guys, I have a deal under contract and I'm currently in the funding process with some private investors.

After a few deals when you know what youre doing, you will appreciate his help but will want 100% profits so dont get bound up in something you cant get out of (like signing your life away in a contract).

Most are offering a 3 year contract.

I'm renting out a couple rooms for the winter season to a couple friends, while I figure out what I want to do with it.

Good thing is I didn't put down earnest money because instead of a contract, the city gave me "resolution", approval on my offer although I have expenses such as attorney and title report fees.

Buyers are still allowed to inspect the property until someone buys- keeping in mind that the property will be sold 'as is' to the first person that signs the contract. 

Homeowners and contractors with questions about required contract terms or the Home Improvement Contractor program, should contact the Office.