If you stay on the weekends because you are away Mon - Fri, there shouldn't be an issue.Please note, depending on the location, property type, and seller's situation (i.e. their motivation & desired closing date) 203K loans can be difficult to get accepted. 

I see this as a minimum of $50,000 worth of commissions and more likely closer to $75,000 worth of commissions that I could have by getting licensed.The costs associated with getting a real estate salesperson license in my state is incredibly low in relationship to this ONE SINGLE life event of which there will surely be more in the future.I also see a major pitfall with using a real estate agent on the buy side because then I am subject to their availability for when something hits the market rather than my own availability of pouncing on something quick.I've researched out a few real estate brokerages that have a monthly fee to hang your license there and a flat fee per transaction. 

Have you also thought about how you would get in front of motivated sellers?

Hey All! Been searching the market (NJ) for the past 2-3 months, have been putting offers down, even getting to attorney review just to be told the seller is going with another offer "way" over asking price AND with t...

If that's true in your jurisdiction too, that ever accruing interest might motivate your deadbeat.  1% per month forever - and that's a long time!

Very desirable, but largely already mostly discovered, would be hard to find a deal.Park Slope- Probably the most blue chip neighborhood in Brooklyn, incredibly stable, will most likely continue to appreciate at a modest rate. 

If you are looking to invest into real estate, I have found this site to be incredibly helpful.

I hawked Zillow for sale by owners and called her as soon as I saw her post it, she was a tired landlord that was highly motivated to sell.

Audible is nice because I can listen pretty much anytime I want...while I'm driving, working around the house, sitting around doing nothing, etc.It may sound cheesy but I like Grant Cardone books a lot - his energy  (he does his own reading) helps keep me motivated!  

You came to the right place to learn more about real estate and connect with other motivated investors.