I have read the book "Rich Dad Poor Dad twice now, so I do not need a reminder of using the concept "I cant do it or blah blah blah."

If you can own the property and pay a similar amount for a similar lifestyle, it's probably a good decision (assuming you can afford it if it doesn't go perfectly, needs repairs, etc.)With house hacking the rule of thumb is: The more uncomfortable you're willing to live, the better the numbers will be.

The investors with no experience and no money who want to buy real estate go down rabbit holes that lead to misguided real estate advice and bad investment decisions.  

But I would say if you see something that seems good, but have no idea if it's good, you probably don't have the reps to make a decision on it yet and could be swayed by people who are just looking on the internet.Do you own any properties? 

If they had 10K they'd probably buy a house- most renters are poor.

I think the idea of owning your house at all costs has had it's day in the sun and people are waking up to the fact that renting is often times the financially sound decision.

If you don't need to sell to buy out there, you want to see what your cash flow would be when you leave before making a decision.

Holding onto it is a smart decision, and you're entering property investing in a solid position.To get started, focus on ensuring that the rental income will cover your mortgage, taxes, insurance, and any maintenance costs, leaving room for profit.

The decision was made back in May.

Making an emotional purchase decision on an investment property and ignoring the numbers.