Anyway, I am now a little older, wiser and more financially secure and have got the itch to get back into the game; the right way this time.

As a landlord you can't act as a charity, you have your own financial obligations to your lender, your investors, your reserve funds, your other tenants, your family, your goals for growing the business, your own health issues, etc. 

I still haven't rebuilt the capital to invest, but I've almost fully cleaned up the financial mess to clean the slate for a lifetime of investing going forward (I'm only 32).

Like all of you, I dream of attaining "financial freedom" and after doing research on the many different investment paths, I have been convinced that RE investing is the best option.

Hoping to get away from the 9-5, while securing a safe financial future.Looking forward to learning and building my business. 

My guess would be that it would start a new loan, but I know that there are some loans that can convert over into a different style later on and you would want to ask your lender about that because there are probably a lot of various criteria for things like that depending on the financial institution. 

Based on my financial situation, I may be able to BRRRR either way, house hacking a multifamily is the most straight forward path for me.

When quitting a W-2 job to start a business (whether it's full-time consulting, making widgets, or wholesaling real estate), the advice has always been to get your personal financial statements in order (the "Suze Orman" stuff) before turning in your resignation.

I have super good credit, but mostly focusing on increasing my financial IQ.

But I’m willing to wager that with the same amount of effort and cash, you will be able to leverage the experience of professionals, to build something of your own that perfectly fits your financial goals, limits risk to you and your family, and is repeatable if you somehow lost it all just because you chose the “hard” route.