To me house hacking is one of the simplest ways of jumping into real estate an acquiring properties, especially if you are handy. 

I'm not sure if I want to do co-hosting though.You may be like me and think that "one more book/podcast/course" will give me what I need to acquire whatever skill I'm looking for. 

Quote from @Stuart Udis: ....But I set the goal of acquiring 50 doors in the next 3 years using the BRRRR method and will then be financially free...isn't that a scalable business :)We see the above type comments from not so experienced investors or business owners all the time being posted on BP.  

The point of entering it is almost futile, the idea is to acquire it. 

I know that in the future we will have some sort of market downturns and you could lose all that you acquired with properties that target low paid workers.Behavioral issues are a significant concern.

-i mentioned BRRRR because you said "acquire around 3 properties in cash deals that need fixing up, rent them out" - that's BRRRR. 

For example, let’s say someone sets an annual goal of cash-flowing $120k ($10k/month) a year in passive income, and then sets a quarterly milestone of acquiring 20 units.

Experience is another thing - it shapes and challenges the knowledge you acquired and you always find yourself wanting of knowledge because each day is a new day with different challenges and demands as is each deal.

Depending on the state, when someone rents for a certain amount of time, usually 30 days or more, they become long term tenants in the eyes of the law, and they acquire "tenant's rights". 

The rents at purchase were not even 2/3 of my PITI (so crazy negative cash flow but one reason acquired below retail).