At this stage I would say we are addicted. 

Then start using your excess income to pay that back down.

Finding and closing multiple deals is challenging.You could mitigate the commercial loan interest rate refi risk by taking less loan proceeds to keep excess debt service capacity.  

The last few years I have been stuck in the paralysis analysis stage with real estate, I honestly feel like real estate is my passion and is what I want to do with my life.  

You may also find that one strategy lines up with your goals at one stage of your life and then your goals change where another strategy may be more applicable.  

I'm literally at beginner stage when it comes to buying or owning a house.I was under the impression that I call the seller, I go see the house, I pay cash, I get ownership, then I get a contractor along with whatever permits, inspections, etc needed to build.

Once you have built up a sizable reserve, then you can use the excess cash flow for other investing. 

What are all the stages of the "in rem" tax foreclosure process like for example 1st in rem, 2nd in rem, 3rd in rem,etc.

In the future, I wouldn't offer an early signing incentive and consider increase rents in stages.

Hello, I am a new wholesaler & I have a motivated seller with a home in the beginning stages of foreclosure, whose balance on the home outweighs the ARV.