I am very new to real estate and BiggerPockets but I'm very confident that this is the path I want to take for financial freedom and a fun filled less stress life! 

I don't know what I am even pre-approved for in a conventional loan yet but I filled out the paperwork today and sent it in and I'm sure it will get sent back saying there were a couple things missing.  

Just before posting my message, I had filled out a form to contact a real estate lawyer that handles landlord/tenant issues so I'll definitely sit down with them as soon as possible and add on specifically what you describe to see if that is legal and if it is advisable for the state of AZ.

Don't be surprised when you're filling out a personal financial statement, that you'll probably be asked to sign a full-recourse loan, etc.

learn about 1031 tax deferred exchangescomplete you financial package - 3 years tax returns P&L - real estate portfolio, credit scoreexpect to be rejected by lenders and other W-2 employees - qualify lenders, bankers, mortgage brokers - ask what products they have - see if you qualify for themlook at 20 buildings before offering on any - know the SF dollar cost - keep a journalmail lots of letters (be professional NO yellow childish communications) to owners of apartment buildingsUnderstand what a CAP rate is and how to get to it - fill out your  commercial APODVerify -verify - verify all financial data given you by sellers - sellers are liars (so are buyers) trust NO One!

Rent collection should not include a monthly drama filled dialogue - you have better things to do with your time.To add to what @Don Daniels mentioned,  I'd check your local laws on the implications of accepting partial payments.

Yes you can take the exam on Saturdays, but was told that they fill up fast.

Looking for "AS IS"NY State purchase contract formI have a potential buyer for a house I put up for sale on ZillowAnyone have a good source for a NY State contract to purchase form I can fill out for them to sign?

I had a home in a C neighborhood, and I had the pool filled in because I knew it would not be maintained and a big liability

NOTE: Youtube is filled with stories of buying a propert valued at 60K at 55K, rehabing for 15K, then a Tooth Farry-esque 110K in equity majically appears.