More details under my profile or feel free to PM me directly.

Except that no exemption applies to any real estate licensee.In other words, these things really do vary by locale.

If so, can someone please point me in the direction of a website that will show you areas zoned against renters?

@Ranga Ramanathan I think the big risk is that the unpermitted space was done incorrectly and will have to be redone when you apply for your permits.

These responses help shape my direction.

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In fact, I think it helps in terms building relationships with banks when you open accounts with them, especially when you are ready to apply for lines of credit or commercial lending.

The exemption does not currently apply to 4-plexes either, and I really doubt that that's going to change...  

The buyer can send their payment directly to the seller within a few minutes, without waiting days (and paying significant fees) for a bank/escrow company to issue a wire transfer. 

Hi i'm currently a student at University, i'm fairly new and i was hoping someone could point me in the right direction.