Lease Options strat -- licensing requirements for Indiana?

[Sam Epperson]

I'm studying this new strategy and trying to find whether it is required to be licensed to do a sandwich lease option in Indiana. I've found a couple very old posts that suggest you need to be licensed to execute any kind of sandwich lease . I've also seen old posts that suggest there's a limit of 12 units I can lease out before I'll be required to obtain a managing brokers license. Can anyone shed some light on this?

Is it required to be licensed to perform sandwich lease options in Indiana? Is there a limit of 12 total that I can own before the law steps in?

[Chris Seveney]

The best answer to figure this out is to seek legal council and confirm with them if it can be done with or without a license, as well as have them draft the proper agreements