Currently 17 and waiting until I’m 18 to get my first property under contract to keep myself motivated I have been getting leads in my free time just so I can get the hang of it and understand it more, however I haven...

If a bank sees you consistently doing profitable deals, that lowers their risk.Personal Property: if you're making the money, you'll get the loan for your personal property in 5-10 years.2 Years Performing Asset: what to keep in mind with all of these "rules" is that they usually reflect rules for a "conforming" loan, i.e. one that will qualify to be sold to Fannie/Freddie as noted above.

The term "cash-on-cash return" doesn't seem consistently defined.

A recent value add that I saw, but this one required capital, consisted of subdividing a lot and rebuilding the original house (with a monster size house) and adding an ADU. 

How does the advice line up with your practice?

Is this common practice?

Paralegals are not authorized to practice law so couldn’t provide you with legal advice.

And going back my previous post- is seller financing common practice in Rochester? 

I accepted that I'll sound a little shaky or clearly like a beginner, but I started cold calling numbers, mailing properties, and googled every real estate agent, property manager, and landlord in my area and any title companies or real estate attorneys I could just to practice speaking skills and ask random questions about how they run their buissness or how other investors are doing it.

To my knowledge that is not a commonly accepted practice.