This information shall be supplemented within a reasonabletime upon changing the designated Local Contact.

Supplemental information is that I have a child from a prior marriage that lives here in town with their mother and I do not want to relocate away from them for at least a few years as they grow up. 

If you jump into RE full time and do other activities to supplement your income (wholesale, birddog, flip, realtor), then you create another job; though you might find more enjoyment in that than the current job like I did.Although there are a lot of DSCR lenders out there, one cautionary point is that without a track record or consistent results over a couple years in RE, banks will still see you as a debt risk without a regular W2 income when you make the jump.

At the end of the day, moving into a house hack that supplements your living expenses dramatically is always the right move.

And I agree; house hacking would be a great start for you to learn property management, the tenant process, and help supplement expenses to some degree.

I would potentially use the license to supplement retirement income and for expanding to more rentals when the market eases a bit.

Overall can be used as a supplement but not as the only option.

Decided to go the “Off Market” deals route to supplement our search for a multifamily in New Jersey.

That’s exactly how I started and now I’m considering holding it as a retirement supplement. 10 more years it we’ll be paid off and cash for 1400+ month

It's a great supplement to retirement, or it could just be your retirement plan.