and we have 3~4 deals in the pipe line which we should be going to contract next monthMy main point is, you'll get the most out of your efforts by working with people who've already been investing for some time (doesn't have to be 20 years), and know their stuff where you can work in their environment that'll help you learn-by-doing, with not only specific information, but more importantly, those little nuances that you can't learn from a book, or just by meeting someone at a networking meeting (and I go to those as well).

This will be a hell of a project to take on and it´s safe to assume that it will take up an incredible amount of time and energy (and stress!) 

I guess I'm at risk during a high interest rate environment if one should develop?

The incredible low bar of entry in many parts of the US...

It doesn't matter how much money a top salesperson can earn if you prefer non-social environments. 

I know that everyone says it's incredibly rare but it's a definite concern for me.  

My question is how does this affect the previously owned homes and create an environment for investing? 

I have made several incredible deals by telling the seller I will do the legwork, but that if tenant won't leave or deal is too big of a hassle we will not close.... 

If you haven't discovered it yet, the Bigger Pockets podcast is an incredible area for learning.Since I have been in residential construction for over 25 years I can give you some advice on rehabbing when you are ready.

I definitely believe there is an incredible opportunity in the situation stated, even if one were to not sell the house.