As a retired CPA, I have seen more than my share of bankrupted RE investors who were over leveraged with many properties.All the more reason to emphasize developing good due diligence practices, having some skin in the game and staying on top of legal requirements, maintenance, finance and tenant screening criteria.

My wife's cousin has a developing team out there and we've been talking but she's still new to the game. 

My focus besides improving my golf game and dance lessons YES I take dance LOL.  

. $3K per bedroom, $1700 for kitchen/dining utensils, $300 per bathroom, and another $1000 for miscellaneous (smart lock, modem/router, cameras, board games etc).

I understand what we do is a numbers game. 

It just means landlords and tenants play the game of making the bedroom look not like a bedroom during an inspection.

It's really easy to create stressful and costly problems for yourself in this game, and as an investor, your time is much better spent learning and working on your next deal rather than trying to find a handyman on craigslist who will pump water out of your basement in another state at 3am. 

I'm planning to purchase my first SFH and do a house hack at the end of this year to get into the REI game! 

I am fine for long term growth and don't mind working for the next 20-30 years to build a sustainable portfolio with no mortages on them as the end game plan.What would you do? 

Fannie Mae's reduction of the down payment requirement for 2-4 units to just 5% for conventional is a game changer and has allowed house hacking to be more attainable.