If they come to the table with non-FHA financing, the seasoning rule does not apply and we can sell quickly without fear of the FHA rule.

Fear overcomes you and then come the reasons not to.Taking risks is the only way to go in life.

I want to start investing soon, but I have so many fears.

ALWAYS, ALWAYS, ALWAYS deal with a deliquent tenant ONLY when you have a court date...delaying filing the proper pay or quit and eviction court paperwork ONLY benefits the tenant.If you want to stay a landlord, get a good L-T attorney - NOT a real estate attorney - and follow what the attorney does and go to each and every court date so that you learn what to do and how to do it....most states are fairly easy and the court paperwork is available online...just learn the ropes so you are not so fearful and don't loose months of rent to a "professional" tenant in the future.

Do the banks not fear massive foreclosures?

But as time wore on, I began to fear we would not be getting the second house and interest rates started to climb.

FEAR" of the unknown!"

I appreciated one post I read about not being held back by FUD (Fear, Uncertainty and Doubt) but I have to do a lot of looking and lot more learning before I leap.Dan

What would be possible without fear?

FEAR.