If you achieved this by paying all cash, then you are losing money. 

It's slow money.

By creating a process, you can prevent these issues from taking place and save yourself a lot of time, trouble, and money.

You probably don't run many applications, so I wouldn't sweat losing a little money on each one.

Higher risk structures can achieve higher IRRs, but can also break even or even lose money.

That’s great advice Taz, I’m currently working on saving enough money to get started, house hacking is hard for me at the moment because I just bought a house 2 years ago, I would have to sell my house(which is in a great neighborhood great location) and use that money to fund the duplex which isn’t totally out of the question, I would like to keep the house if possible but also would like to get real estate investing more.

If you have a chunk of money to get going I'd personally buy the biggest thing you can if you don't I think house hacking into a 4 plex is great. 

Plus, that is the cheapest that money will ever be for you.  2.65% interest rate? 

It also appears Investor's Edge may have rebranded from their old company name "Do Hard Money".Propstream screenshot:"Investor's Edge/Dohardmoney" screenshot:

Kid in college and one starting to drive   blah blah blah.I'm sure there are numerous places to cut money for sure.