Which activity is NOT considered engaging in the real estate business?

Investing in real estate is typically not classified as engaging in the real estate business in the regulatory sense. While investing involves purchasing property with the expectation of future returns, it does not constitute an active participation in real estate transactions that require a license. Real estate business activities generally involve actions like selling, leasing, or managing properties where there is a direct engagement with clients or transactions, which mandates adherence to licensing requirements and regulatory practices.

In contrast, reselling a mobile home, collecting rent for the use of real estate, and selling real estate all imply a level of professional activity that falls under the definition of engaging in the real estate business. These activities require licensure and are performed on behalf of others or for profit through transactions or management, thus making them subject to the state's real estate laws and regulations.