There is an "arrears" that has to be identified and paid out of pocket before the sale or the loan needs to be paid off in full. 

I don't have the skill set YET to gauge rehab costs and try to BRRRR, but I'd like to learn.This is definitely a choice but my option is that you will do better if you focus on duplexes and cherry-pick a few SFRs as you come across them.As for your Strengths, it sounds like you have an excellent ability to save and your ability to bulk analyze data will serve you well to identify big-picture areas, property types, and characteristics to focus on.I like that you realize the first investment will not be your best investment.

They said they couldn't identify an IRA as the owner of an account and were uncomfortable with this unconventional request. 

Knowing this information will help you identify the right professionals to bring on board.At minimum, your team team should include:Financial Advisor: to help with investment strategies - portfolio diversification and risk management.Real Estate Agent/Broker: to help with property acquisition and market analysis.Accountant or Tax Advisor: to help manage financial records, tax planning, and optimization.Attorney: to provide legal counsel for contracts, agreements, and investment structures.Mentor or Coach: to offer guidance, insights, and industry knowledge.Networking and Relationship Builder (for everything else you will need): to connect you with potential partners and collaborators.

Identifying the right people will set you up for long-term wins.Remember, credit is a tool—it’s not about getting rich quick but about building wealth responsibly.

After identifying the property’s potential, we negotiated a competitive purchase price of $28,000 by highlighting its renovation needs.

This helps you identify which factors drive the best returns and make confident, informed decisions.It’s also important to test your numbers with scenarios like higher vacancies, unexpected expenses, interest rate changes, or rent adjustments over the years.

I feel like having some good experts helping me clearly identify best practices and targets for success (instead of guessing) to be extremely helpful. 

Hey BP,I'm diving deeper into market research and looking to build a reliable process for identifying market metrics, data, and trends.

It took a while to find trustworthy advice about this but I read the text of the law and it explicitly stated this, so I was lucky.2) The time you have between selling and identifying the replacement property is very short, and the time you have between selling and purchasing is also short.