Eado is def more up and coming than 5th ward in terms of overall development with the soccer stadium, numerous new bars and restaurants. 

I'm not trying to be a nay-sayer, I'm just thinking that it may be an easier road if you stick with the W2 income long enough to get your feet wet.

I was hoping to avoid this since I just want to get my feet wet without taking such a formal commitment, not to mention more time, energy, and expenses.Getting a license seems to be the surest answer to avoid broker license issues.

When May came around and we experienced heavy rain, the roof started to leak, ironically in the laundry room over the HVAC system, wetting the motherboard and burning it out.

Tiles were a little moldy and adjacent walls were wet.

We are excited to move forward and learn what we can from bigger pockets, but we know we will learn the most by getting our feet wet. 

It doesn't sound like you have much of a nest egg, no land lording experience while needing to borrow lots of money to purchase numerous properties that will provide minimal if any positive cash flow. 

@GLENN SANTOS, There are numerous forums and blogs that have been written on this very topic on this website.

For example, Pennsylvania has numerous laws that apply when a seller sells a 1 to 4 unit property.

They can be good for elderly/disabled people who don't have to lift heavy wet clothes to transfer them from one unit to another.