The first thing you find out after you get licensed is that you don't know much that is actually useful when it comes to buying or selling.

If I were you, I will buy a house with cosmetic work and learn the business first. 

Yes, if your partnership remains intact (how you sell is how you have to buy), and you structure it is tenants in common with the new ownership on the replacement properties. 

Just bought my first buy and hold in Ferndale Michigan and it is turning out to be the best decision I could have made.

You might be asking the wrong questions at Fidelity (not sure if they do or do not allow this), but you aren't technically investing directly in real estate, you are investing in private equity partnerships that are investing in real estate.They might not want you buying direct interests in real estate, but are okay with private equity investments.

Buying without any skin in the game is high-risk and a recipe for disaster.

I only have 6 properties in STL now but I can also tell you that the huge cash flow numbers ARE indeed a bit too good to be true (but that doesn't stop me from continuing to buy there). 

I've done flips, BRRRRs and buy and hold in the LTR  and MTR spaces.

I’m currently looking to buy my next primary residence to house hack.

As many of you may know, Assembly Bill 968 (AB-968) has recently been passed, which mandates a comprehensive disclosure of repairs and renovations from sellers who flip one-to-four-unit properties within 18 months of buying them.For those who are not familiar with the details, AB-968 requires sellers to disclose all repairs and renovations performed on the property during their ownership period.