Client rents that house and makes 1k monthly profit, plus has a really good paying job.

You definitely want to use a thorough screening method like rentprep.com that gets their income, credit, background check, and call at least 3 references (make sure to verify them by address/job and then their name).  

I am currently an Asset Manager for Multifamily Deals as my W-2 job and looking to buying my first deal in College Station/Bryan Area.Anyone I can connect with to pick their brain on different investing strategies? 

Quote from @Matt McNabb: I'm a solid $400k/yr job in NYC and have $250k to begin investing as my first step into building a portfolio, although I don't have time to be a landlord so I have to account for management fees.  

my hope is to get a nice unit for my son at below 50% of retail.  

You’ve taken the first deep dive into investing—great job!

Both me and my wife have full time jobs. 3) That $5875 is the 25% of contribution that S-corp can make towards employee retirement. 4) Thank you so much for improving my understanding on how 401K limits are calculated.

I own 4 two/three flats bought between 2013 and 2020 in Forest Park, Illinois, at low interest rates and prices in 200000's  They cash flow nicely and prices have increased a lot. 

Many people don't want to self manage from out of state, and professional managers can suck up alot of the cash flow, and not do as great of a job as you would've hoped. 

Nice!