It took us 3 months to remove an illegal mentally disturbed tenant from an apartment who was sub-letting from one of the tenants. 

Don't waste any mental energy thinking about what the Fed does.Find good deals. 

The following is our approach, not just financial, but mental also getting ready for retirement.1.  

I don't know how much mental capacity I would have to handle it without it affecting my schooling. 

Currently, I don't have any second mortgages or helocs because the idea of keeping track of more than one mortgage per property has been a tad daunting and decreasing my cash flow at the moment is something I'm battling mentally with.

They have a learn as you go mentality as far as training goes so I feel you need to be a bit more self-motivated starting out as opposed to if you worked for a more well-known brokerage with a more formal training program. 

Kudos to you for trying to work through the current issue, but the S8 "entitlement mentality" is unlikely to get easier to deal with.

There's definitely a learning curve but as long as you're prepared for it all both mentally and financially, it can be extremely rewarding.Also starting up my first STR here in CA soon... just my ADU we're almost done with at our primary.

And I have already mentally done the gymnastics to be alright with $500/mo. in cashflow.

The tenant is mentally unstable, didn't pay rent over a year, got evicted, forced out by the Sheriff and kept coming back to the property by breaking locks and lock picking.