Posted by David Butler on February 14, 2002 at 12:37:43:
Hello David,
You’ll be glad to know that the answer here is “Not Entirely”… and if you conduct your business carefully and properly, it gets even better - the answer then becomes “NO”. And, to answer your final question, you don’t need to worry about being creative at all. All you need to do is study the law yourself… CAREFULLY, and not through some website (websites never provide the full extent of the law - even the state sponsored statute sites).
We’ve discussed this issue extensively here in the Cash Flow Forum… most recently at a post not down too far below, which also contains more information on California - see “NO! - Here’s The Deal!” at:
http://www.real-estate-online.com/cashflow/wwwboard3/messages/11109.html
Also, you can use the “search” facility right at the top of this forum, and find a wealth of additional related discussion right here. Just enter “license” or “licensing” as your keywords, and you’ll pull up more than enough information to give yourself a good running start!
Best wishes and happy hunting 
David P. Butler