Based on the fact that he is challenging you to evict, not doing so will just make him bolder and encourage him to test you more going forward.

They will also provide you w/ information to evaluate a property (Comparables) Establish multiple relationships w/ wholesalers Establish a minimum profit criteria- The right property is the one that meets or exceeds your profit criteria

If an improvement by itself does not meet the 1-year test (greater of $2,000 or 1% of the unadjusted basis), but it does qualify as a separate improvement that is a separate element (when grouped with other improvements made during the tax year), determine the start of its holding period as follows.

I have also found that the investors who stand the test of time do so because of their residual income... so it's always wise to have some rentals cranking in that cashflow! 

That being said, having your license and having access to the Multiple Listing Service (MLS) will only be of benefit to you in your investing career.  

Almost every state requires a few years of experience under a broker to learn before they will even let you take the tests.

If so, it fails that test."

You can then take additional class hours and another test to become a broker and open your own RE agent business.

If they come to you with multiple accounts in collections, they are coming from somewhere else.

So I have $30k to invest in the market where houses are going for around $30k but my problem is I want to buy multiple properties but no banks will finance deals under $50,000.