@Toby FellowsYou are correct, you need to ‘hang’ your license under a broker in order to practice real estate, and most brokerages require you to become a member of the National Association of Realtors as well.While you are preparing and taking your courses, contact several brokers and interview them to find out who might be a good fit.

I would prefer to start out here in Fayetteville, NC but I'm not opposed to other markets at all.

After quitting the RE space in 2008 as a burned out landlord with upside down properties, I rejoined the space as a curious vacant land newbie investor in early 2023.

Check out BNB Calc. 

They usually will be a big rectangular roof with 1-4 cars parked out front.

I am 19 years old Fresh out of Highschool. 

Quote from @Jaycee Greene: A few things I noticed, in addition to having the tenant pay the utilities are:1) Incorporate annual increases in rent higher than 2% (in your area, maybe 4%-5%) with a slightly smaller increase in operating expenses (say 2%-3%)2) With a gut rehab, I'm not sure why you need to spend $128/month on cap ex, at least for the first year or 2.3a) An 80% cash out refi is probably going to be hard to get.

I do already have a construction crew run by a friend who fixes anything that needs attention before renting out.

I'm in Nh, feel free to reach out to connect.  

I'm looking to identify a builder with the following characteristics:1) Eager to grow his/her company and reputation in the market2) Has produced at least five high quality builds in Arizona which are at least 4K sq ft  3) Has proven track record of completing builds in a timely manner4) Personal capital to allocate to projects (optional, but ideal)Please reach out to me if you or someone you know might fit these criteria. are you set that you want luxury?