On September 25, 2008, Washington Mutual Bank was closed by the Office of Thrift Supervision and the Federal Deposit Insurance Corporation was named receiver.

The male adult commits domestic abuse against the female, gets arrested, and she acquires a PFA and gives him back his belongings under the supervision of police.

For purposes of this section, "family" shall mean:(1) An individual or any number of individuals related by blood or marriage;(2) A group of not more than five individuals not so related;(3) A group of not more than ten members of a religious order who live together in a single dwelling unit; or(4) A group of not more than ten adults, the majority of whom are 60 years of age or older, who live together in a single dwelling unit, are all capable of self-preservation without assistance in the event of an emergency, and do not need to live in a supervised environment.Does this mean that 5 unrelated people can live in the same house?

Be able to supervise! 

So, I wouldn't spend all you have just to get your first deal, unless you can be confident you can do what @Heather Wilkerson did - or it will be your only deal.Can you split the difference - are there markets within driving distance that would allow you not to consume all your funds, but still supervise your team (agent, property manager, contractor, etc.?)

Being an agent in TN requires you to work under the supervision of a Broker for a period of time before you can get your Brokers license.

They typically behave when constantly supervised and in a very structured environment. 

I am based in NJ, therefore, unable to supervise the work of the PM or outside contractors.

Daily on site supervision, shopping quotes for best prices, evaluating construction talent and building my new team around me which included a combination of skilled and unskilled labor.

All your real estate activities...sales, rentals, content creation....any and all fall under the supervision requirements of the broker-salesperson contract.