It's like they built their platform in the Bronze Age and its been held together with duct tape ever since. 

@Bliss Hu,At your age, you’re well ahead of the curve. $300,000 is more than enough to acquire your first property, even in New Jersey.

Failing to follow proper procedures will cause even more delays.  

As a fairly-newish-to-the-game investor around your age, I appreciate the candor.  

lol it has nothing to do with my post..but in my younger ages, I saw this movie too many times,  Real estate builder / lender committed suicide or they were fleeing to GuangDong province in China to hide after their real estate project gone foreclosure after some interest rate changes (kinda like the same story of our own McAfeee) ......this kind of event from the 1980s has the same final destination lol loleven when I am invested these days I remember these movies..... unfortunatly the GFC caused many a suicide I knew two personally. 

Unfortunately, you may have a hard time enforcing anything about "guests" unless policy/procedures are outlined in your lease.  

Yep, I already knew that I won’t retire by my job ages before I started working, this job is just the pathway for me to open my own business.

How were you able to invest in real estate at the age of 16?

And in certain markets like SF bay area if the sewer line is of a certain age its mandatory to replace it before close of escrow its a law.

His teachings suggest a paid off home, $500k in assets, and more than 1 source of income (SS if of that age, real estate, part time job, retirement/pension, etc.).