@Ryan Tongue While there’s lots of opportunities in real estate/commercial real estate I’d sit down and brainstorm with a list of the pros and cons of immediately jumping into the real estate industry as opposed to pursuing a job with your engineering degree.

Denver’s expensive right now so I’m hoping to at least break even on the mortgage and save the money I get from my full time job. 

It's like interviewing a job candidate.

@Alesha Walker, a tradesman who wants to be hired for an expensive job has a vested interest in up-selling you on something that may not be your best option.

My job is stopping and/or limiting construction in mapped floodways.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Our job is to provide value in exchange for equity and not to harm anyone in any way.  

@Jacob Beg Some pitfalls are the amount of work it took to be thorough (it was like having another full-time job at points), and potentially missing things that a public adjuster would catch.

I also was hoping to be working fulltime during the start of this but im realizing that the job I have now isn't going to allow me to meet these finanical goals and now im wondering if I should take on a career in realestate, but the only one I really know of is realtor. 

Many contractors prefer to specialize in certain areas, have limited resources, and will charge more because they don't want the job.