I am a 21 year old who is experiencing what many of you have/are experiencing at my age: being broke and having a desire to achieve a successful lifestyle, but not really knowing how to get there.

Does anyone see a RE license as a disadvantage when really doing it for improved investment desires?

I respect what you did, but I dont have the time, nor the desire to waste money.

HUD homse almost always need at least some new flooring, but some can be desirable to live in while others may need a lot of work.    

Any concern that this in a less than desirable neighborhood?

If you fail to address some matter as to taxes or operations, state or federal law may default to how that matter is addressed, that may not be your intention or desire and not understanding issues can really cause problems, for you, others or heirs.

Yes, Plano will bring with it more competition, but for good reason as it is a more desirable area.

I'm looking to start with single family properties purchased for ~$150k with a desired profit of $15k after considering rehab, holding, financing, and other quiet costs.

The place I chose is in a very desirable neighborhood for families seeking top rated schools, so rental demand is there.

Investors come in all kinds of risk tolerances and investment desires.