The other good reason to have a Real estate license is if you are a Property Manager and lease units you also may be entitled to extra compensation while collecting a paycheck (for now) and gaining experience.  

Thanks for your help and any knowledge you can share!

Any extra InformatIon will be appreciated.

Partner with an agent that fits with your personality, and who is knowledgeable.

You will need to combine the knowledge you learn here with your knowledge of your local market, and likely that of a mortgage broker and real estate agent in order to determine your best plan of action.You can call a mortgage broker and find out how much you may get pre-approved for.

If you want to create a unit to Airbnb build an extra master suite with separate access but do not put in a kitchen or go the ADU permitting route with it. 

You generally always want the seller out at closing, but they may need the money from the sale to move, so delaying the closing may not help.Yes, you need to set up an agreement/lease but have a much larger hold back from escrow, say an extra $10k or so, above the one month rental.

In 2007 our Bay Area home sold providing us with some extra cash.My wife and I purchased our next property in 2007 with the idea of flipping it. 

The good news is that if you get the roof done correctly with the extra nail, your insurance will likely be significantly lower.

We flooded in Harvey (Beaumont Area) and had some extra cash to buy another house as well.