That is not true, if you start too early and lack experience and then have a deal go bad, it can set you back 5 to 10 years.

You might want to read our series about “How to Screen a PMC Better than a Tenant”, since selecting the wrong PMC is usually more harmful than selecting a bad tenant: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processes

I see this home and what you paid and while it's not at all a bad price, I've seen investors offering that size in Palm Bay for as much as $15-25k lower.

I've seen Pace call out bad actors on Zooms and help make things right.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

After they left she called me, they used heat to kill the bedbugs and in doing so they literally melted all of the mini-blinds and the LVP buckled so bad that it all had to be replaced.

Not a bad thing but it just takes time. :) 

Just drive by and it doesn't look all that bad. 

Instead, you must invest in a purely passive way, such as a syndication.Second, real estate is a tax-favored asset and investing in a tax-favored asset through a tax-deferred vehicle is a bad idea. 

It's not a bad idea to use equity to pay off high interest debt but I wouldn't pull cash just to put it an account if you don't really need it for anything right now.