I’ve seen first-timers freeze up at the mention of “compliance,” and I can’t blame them.

It will cost your money to get and maintain.  

I want to be a part of this market because I know I can offer tenants a well-maintained, up-to-code home.

I think for people like myself who is a first timer + i have full time work and family, is a worth it.

I have part of a 401K loan to payback and money borrowed against my HELOC.2) Maintain a yearly savings rate above 55% for 2025.3) Purchase another rental before the end of 2025.

Also, can I stipulate in the lease that the tenant has to maintain the lawn and shovel the driveway and walkways, or am I required to pay a vendor?

Generally we raise capital from investors who want a fixed income and have enough meat on the bone to keep all the equity in the deals and push the valuation and also obtain commercial financing where we can get 75-80% LTV financing and still maintain a DSCR of 1.2+2.) 

Even then you would still need to actually go get the license and maintain it.   

I am a full-time Real Estate Professional (Agent with almost all other income coming from active and passive RE investments).

However, maintaining a good relationship with your previous lender is also valuable.