However, if I had started off with a house hack, I could have lower my monthly mortgage tremendously which would have helped me build up my savings at a much quicker pace than I had.

It really depends on the market on what strategy or property type is best to get cash flow, but right now at least in AZ you're really just trying to get the asset stabilized and wait for the rents to grow yearly and gain more cash flow over time as well as refi and get as much back out of the deal as you can so you can scale quicker.

In fact, there may be other home service opportunities with quicker growth potential worth considering.Additionally, be aware that in Texas you’ll need a broker’s license, not just a real estate license, to operate a property management business.

You can always sell the property at any time if you want / need to... but once you take that first step to buy door # 1, it is much much quicker to get to your next one!

While this might not fetch the top dollar, it could result in a quicker sale at a reasonable price.Consider Renovation Loan Options: If you believe the house has significant potential value once fixed up, exploring renovation loan options like an FHA 203(k) could be an option.

Houses tend to go a lot quicker than apartments in our experience BUT you have to price it right.

We could have done a better job here to provide a quicker turnaround.

Craig,Can you comment on this resolution?

And if you live too long, it would run out quicker then you can imagine. 

Nothing is truly "passive" and a big misconception with new folks wanting to enter the real estate arena.For example, just bought a 6 unit using leverage and trying to secure a loan was a disaster of a process.I can only imagine what others have to go through on every time they purchase a property using leverage.But then again, I'm bias to the "cash only" approach.The constantly changing conditions, terms, keeping tight bookkeeping records and tax returns in order and regularly manipulating the BS credit score algorithm.Placing good tenants is more a skill then hope.It took me 10+ years to fully wrap my head around using leverage the right way and being able to "manipulate" the system to get better rates with a quicker turn around.Keep being great thanks for your reading and replying to my comments 🙏