I understand this is a good way to become financially secure over time and am eager to start.  

That is subjective though - I just advise my exchange clients to understand that number and understand their exposure.

Agree with Nathan, awesome resources at your disposal.

This will help you understand the qualifying requirements, key factors to consider when purchasing, and how to assess whether a property might be a good investment at first glance.

If you don't understand something, ask the PM to explain.

Seller wants $160,000 cash out which leaves $50,000 in equity for the buyer.I had a taker from CA but he couldn't come up with the cash.I was not aware of anyone that understands that kind of deal.  

I didn't understand why I could not get my money out of a free and clear asset. 

I've seen a lot of talk about house hacking and while I believe that I understand the list of it, I'm just not confident to start.

@Malcolm Brown it is great that you are thinking of the money to fund the deals you are going to get started with but understanding what a deal is, I think, should be the starting point. 

2) How well do you understand the differences between Class A, B & C?