prices are high, interest rates are high, there is tremendous demand for inventory, and - one thing that doesn't get mentioned enough - a record number of properties are debt free. 

This eliminates the problem of increasing your debt and damaging your credit score.

Meanwhile, your expenses, like debt service, taxes, insurance, and maintenance, continue.These are the requirements necessary to attain and maintain financial independence.

I'll just add that in addition to offsetting future tax liability, I'd like to offset current taxes as well, during my highest earning years. 

In addition to just posting your property on furnished finder, they were reaching out and building connections with hospital HR departments and recruiters to help place nurses in properties.

Are they going to start paying down that credit card debt, turn over a new leaf, and avoid bankruptcy for the next decade? 

The country has massive debts and deficits. 

In southern CA, even garage conversion ADU additions are typically costing more than the value added.  

In addition, you want a separate bank account for the rental property to separate it from your personal accounts.

Additionally, young adults are living together with no intention of marriage.