., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

I can not picture a single scenario where this is a "solution" for anyone other than the middle man. 

I'm sure they also told you their systems will protect against aggressive attorneys and creditors and make you invisible so nobody will ever dare file a claim against you...it's all a money grab.If you are a sole proprietor I am putting my money on the fact a single member LLC in the state in which you live/own real estate will suffice.

I don't know a single person who regrets starting out with a quad and house hacking.

Even a single violation from animal control would be a deal breaker.  

Quote from @Chris Barrett: Ruis,It's my understanding that all vacation rentals that are operated out of a single family residence require the AL license. 

We currently have 10 single family properties in the best school districts and we self manage.

Quote from @Mike Figueroa: I have 5 single family townhomes.

I’ve been interested in real estate for years and have invested as an LP in several projects, ranging from residential single-family homes to NNN properties and flipping.While I haven’t owned any property yet, I’m hoping to take that step in the near future.

Quote from @Tyler Kesling: Not to drag this thread out indefinitely but if I were to take your advice and start small, is it the dumbest thing to 1) Hire a PM on a single fourplex and 2) Do a HELOC into a DSCR?