Gary helps everything make sense by reverse engineering the goal of $1M income and getting that goal chopped down to actionable and measurable steps.12 Rules for life by Jordan Peterson - This has nothing to do with RE but everything to do with living your life with purpose, integrity, gratitude, etc.

That would probably be the normal course of action.

I love reading all I can but you are totally right I just need to take action now!

So, I wouldn't spend all you have just to get your first deal, unless you can be confident you can do what @Heather Wilkerson did - or it will be your only deal.Can you split the difference - are there markets within driving distance that would allow you not to consume all your funds, but still supervise your team (agent, property manager, contractor, etc.?)

Under the Dodd-Frank Act, if the loan will be secured by a property that the borrower will use for residential purposes, then the person who makes or arranges the loan would be defined as a “loan originator,” and must have a mortgage originator license.However, Dodd-Frank doesn’t apply to non-consumer buyers, so (for example) if you want to loan money to an investor who will borrow under their LLC to flip a house then you’d be exempt from the mortgage originator license requirement of Dodd-Frank.But since you’re in California, there are state laws that apply.

This seems to be a lazy human's way to jump into investing, but I feel it would be a good way to learn some of the processes of investing while avoiding warming waters and time consuming rehab projects.

That is not a prohibited action from Fannie/Freddie.  

It also never fails that at the end of the meeting I have several buyers come up to me to exchange information.As you embark on this, you will find that there are things going on in your head that might be preventing you from taking some action. 

To answer your question, having a brokers license "qualifies" someone to manage property owned by someone else because it makes it a legally permissible action. 

I have provided some books and videos, he has consumed it all.