Institutional lenders will look at your non/short employement as a negative. 

Per CoreLogic, only 1.8% of all mortgaged homes are in a negative equity position, and the average homeowner across the US has $311,000 in equity.If anyone has contradictory data, please share.

The key lesson is that if you rent to Section 8 tenants, their negative behaviors may result in non-Section 8 tenants to leave.Rent increases are more likely tied to the minimum wage.

What you will have is an RE that is cash flow negative that is unlikely to experience significant appreciation.  

What Are there creative strategies investors are using to offset those negative cash flows? 

But they have NEGATIVE CASHFLOW, until the day you quit investing.

That HE loan would make you cash flow negative on the first property, especially considering you are not even factoring in any repairs, maintenance, vacancy or management.

Because I live in a neighborhood that has no crime but it shows up as very high crime because we had two neighbors who would call the cops over each others dogs barking so it lit it up to show it as negative…

(which I feel like a couple of these other comments talking negatively didn’t at all) If you just show up, they basically hold you by the hand in terms of market selection, deal analysis, financing, design, setup, the listing, pricing strategies, management, etc.

Just remember: most negative reviews are written by problematic tenants.