Happy to connect and answer any other questions you may have.Do you work with out of state investors?

Thanks in advance.The laws regarding real estate transactions are often state specific.  

I would not pay down my primary residence so fast as there is opportunity cost that you would lose and like you stated, time is money. 

then you take the state test and the federal test to get your NMLS registration..

Great if you want to add rentals or non owner occupied properties to your portfolio but not so great if you wanted that winter log home in big bear CA or Mammoth lakes, CA.The good news is you're from TN so you have no earned income tax from the state on wages only interest and dividends in certain cases so thats a pro right?

Don't be afraid to invest out of state to get started. 

When I first started investing I was in a different state so that was what I learned to use as disposition.

I've been there and felt the same but  IMO it is a churade because you cant count on anything with the legislation that's in place in NY and esp. down state. 

As a CA native and former out of state investor I went through some similar issues back in 2021 when I got started. 

If you can get hold of a reliable and honest builder, you will be fine (that does not mean you will not go over budget).Low CapEx, Little Hassle, Quality Tenant, You can manage new construction out of state for the first 5-years, Tenant May Stay longer (because is a brand new house) are few benefits of new construction.You may not be able to get close to the 1% rule though.Goodluck