I have done numerous commercial mortgages and never had an issue with seasoning.

So as long as you are doing just a kitchenette with no oven, and call it a "wet bar", you can create what amounts to a second unit that is completely separate. 

Tile will hold up much better for the wet spaces of a bathroom.

Get you feet wet and build equity. 

I’ve listened to numerous podcasts in BP’s ‘Real Estate Rookie’ section and I am currently reading “Long-Distance Real Estate Investing” by David Greene.

I’ve contacted numerous banks and credit unions.

In such cases, the net income of each activity with positive net income for the year is multiplied by a fraction: the numerator is the combined net income for all significant participation activities, and the denominator is the combined net income for the activities with positive net income.Eg: Betty is a full-time teacher, but she also owns stock in two S corporations (Acorp and Beecorp) that pass through income to her.

I've done that numerous times.

You should just focus on "getting your feet wet" with the right sponsor.

As others have said, David Greene's book is excellent and assembling your team is the secret sauce to success, but get your feet wet at home first before you jump into the deep end of the pool far away.Just my takeStephanie