➡️Manage existing portfolios.

And if you are need of MTR management services, my company, Island Stays Hawaii, provides premier STR and MTR management services.   

And you can do it with little cash, 5% down conventional is better than 3.5% FHA.House hacking also gives you a chance to cut your teeth in all major skills: analyzing deals, buying process, financing, working with contractors, advertising for rent, background checks, property management.

Cash flow can be great if you manage it well and keep occupancy rates high, but factor in the added costs of management, cleaning, and potential vacancy dips.

What I can share is that the risk-reward will not be worth it as a 'newbie' due to your limited capital and inability to actively manage your properties. 

If this is your only rental, it's more about if you want to keep the property from a management perspective.

I have several really good lawyers we use, you can PM me if you want info on them ... and if you'd like to talk property management reach out.

How well can you manage multiple roommates?

Hey Gabriella, as a property manager and aspiring agent you should have no problem finding a mentor.

For FT property management, the rule of thumb is between 80 and 120 units (if they are doing everything).