@Leo KotschenreutherBuilding a good rapport with an agent is vital and you should be looking for someone who has a marketing plan outside of "sign in yard, list on MLS".

After a few modifications, it morphed into the current project and has turned into a great opportunity.

Understanding your team is vital.

Your source for lead generation is vital for any business that thrives on leads.  

The property details are more important than my details, so my credit score, income, and other assets are unlikely to impact loan terms for the better.Yes, more important but your details are still vital to getting approved.

utm_source=newsletter- https://www.biggerpockets.com/renewsblog/telltale-signs-youre-not-ready-to-invest/- https://www.biggerpockets.com/renewsblog/vital-importance-mentor/- https://www.biggerpockets.com/renewsblog/get-ready-to-invest/- https://royallegalsolutions.com/get-your-head-in-the-game-four-pro-tips-for-creating-a-winning-real-estate-investing-mindsetYou might want to read and follow these threads: https://www.biggerpockets.com/forums/48/topics/630353-advice-to-your-20-year-old-self https://www.biggerpockets.com/forums/12/topics/625324-looking-for-financial-advise-for-getting-started?

As long as the mortgage is not a modification loan you should be able to make payments. 

@Cam Jimmy With a 1031 Exchange, there are many roles that are vital to the transaction.

None of my local title companies will insure a particular title issue (BOA foreclosure and loan modification done improperly).

You can use your current lease, however, modifications like utilities and whats included with the move in of the tenant..