I have heard that there can b conflict of interest situations when one has a license.

At times, I am somewhat conflicted about buying a foreclosure. 

So you can absolutely do it as a hobby.Something you would need to be careful and you should probably talk to a lawyer about is how it would work if you were both an agent and a loan officer as it could be seen as a conflict of interest, especially if your clients were using your mortgage broker.

I have heard conflicting stories about the banks appeal to a cash offer.

Non-conflicting information is the reason for this as tenants have been known to counter and win arguments in situations where they prove that while the lease agreement states no smoking in the addendum, there are smoking permissible signs, ashtrays and cigarette disposal around the pool. 

I think it would be a good short term strategy to make more money and I do recommend it but here are the cons you should know:The renters will not be friends So when conflicts exist you can more easily be brought in.They will not be interested in working out who cleans the common areas so you will need to do it or hire it outThey will fight over using each other's thingsThey will use each other's things and not put them backYour lease will need to deal with conflict resolution and noiseIn general, it's more work. 

What is there is a conflict in the disclosure and acceptance timeline?

One group in particular has set up their operation in a way that they do not invest personally in SFHs anymore because they saw it as a conflict of interest with their investors.

When there are conflicting demands for the deposit held with a title company, usually it takes a court order, when means filing suit.

Many items that are put into the septic system are supposed to be biodegradeable but the time line of the product conflicts with how often you need to pump out the system.