Hi Edward,It really depends on your risk appetite.

Totally depends on your state and a solid New Jersey Property Manager or real estate attorney should be an asset to you here. 

It might still be worth becoming a real estate agent depending on your focus area.1. 

And depending on how picky the investor is, that can take quite a bit of work.Below is how I do it.

These young homebuyers may not qualify for this credit or as an owner occupant depending on how the $ from parents / sale is structured.

We don't discriminate against the source of income - it's illegal but we can choose to work with these tenants or not.There is extra inspection every year, there are other inconveniences.If it's a protected class in their city or county - you can't mention in your add but you can set up your criteria, for example, amount if income.I have 3-4 rents income requirement depending on the credit.

It does depend on the state and locality you are in.  

It really depends on your goals, are you trying to buy investment properties?

.* I am only owner financing properties I own outright  Depends on state and how many you do.

Depends.