working with our auditors right now on ACL (allowance for credit loss) and learning about SCALE, WARM and all the fun and new CECL terminology.. 

I have scaled to five house hacks in Colorado Springs myself and would be happy to walk you through how to make that happen.

No one can tell you if that is good if we don't know the price vs. value and the appreciation scale of where you are.

If you were able to "make it" with the "high interest rate" of 6.75%, then you will obviously be able to make it at a lower interest rate....you might even cash flow, thus allowing you the opportunity to buy another property and scale your way to success.

You could start with one and if you like it and it performs well, scale into another unit. 

Would love to Connect. https://www.morrowwargo.com/Our next meetup (in person & virtual) is 4/22 and it will be on Scaling / Multifamily investing.

I have a similar story - health care for 30 years, looking to scale via BRRRR. 

I am fresh in the industry of real estate investment and here to learn how scale in real estate across the country for cash flow and to retire in real estate. 

We are ready to SCALE.

You think it will be passive because you are planning on hiring property managers, but that's a big cost for one property and you still have to manage the manager or your cash flow will dwindle.The way you are proposing what you want, you may get caught in a turnkey funnel and end up with less potential scale on the investment than you had hoped.