Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.

Might have a tenant that will sign a ten year lease and drop some money into the space.

You do the course and you decide you want your money back. 

With it being that risky, the least I could do is have some money saved up.

He talks about obtaining private money.

Most if not all of these properties require SIGNIFICANT cap ex rehabs and conventional financing won't touch them; you'd likely need to go the hard money route at 10-12%, 2 points, 12-18mon turn around.

If you needed the money ASAP that won't be super beneficial. 

Covering the mortgage isn’t an issue, but I’m considering factors like: Multi-Family: House hacking would help offset costs right away, but I’d likely need to put money into renovations upfront.Single-Family: Easier move-in with no immediate renovations needed, plus potentially lower tenant turnover once I rent it out For those who have been in a similar situation, what did you choose and why?

Because of the additional income I am producing through the consulting business, I am afforded the opportunity to invest money in real estate.  

Not sure how much money % I can save if I do it myself too?