Given the current market in my area I do worry that out of state investing is more attainable, though not ideal.I look forward to meeting new people and learning as much as possible.

Can I foreclose on the person and attain the 6 unit rental in return?

The 1% rule is impossible to attain in any interesting location.

In order to attain 20% equity to refinance into a conventional loan by the end of the first year, should NWROI be a large concern for me?

Just depends on what your goals are and which route helps you attain those goals the best.

The ability to get the amount of power out of solar arrays for complete energy independence is far more attainable than it was even 5 years ago but it can still be a challenge based on building orientation and the size of the array you can fit on the roof.

Hull is even getting pretty expensive but the prices of multi families are much more attainable and you are so close to downtown.

I am a firm believer in attaining strong cash flow first and then investing that cash flow into passive investments such as rentals.I know too many people who own rentals and still have jobs they hate so this is why I love wholesaling.Much luck to you!

My general focus has been to continue building a solid network, and surrounding myself with people who have attained this success.

Welcome to BP - you will find plenty of information to help you attain any real estate investing goals you may set for yourself.