Final answer:
A business opportunity may not need a real estate license for activities such as collecting rent from tenants and handling maintenance requests, but showing vacant units to prospective tenants may require one.
Step-by-step explanation:
In general, a real estate license is required when engaging in activities related to buying, selling, or renting real estate properties. However, there are certain exceptions where a business opportunity may not need a real estate license. One example is collecting rent from tenants, as this is considered a regular business activity rather than a real estate transaction. Another example is handling maintenance requests from tenants, which falls under the responsibility of property management rather than real estate services.
On the other hand, showing vacant units to prospective tenants may involve activities that would require a real estate license, such as advertising the property, negotiating lease terms, or providing advice regarding rental agreements. Therefore, this activity would generally require a real estate license.
So, the correct answer is D) All of the above are proper for an unlicensed on-site manager.