Doesn't let them even do debt investing for the cash income for their retirement.But, still it depends if they need the cash. 

How you pay it back is with your income so make sure it's within your means.

Only 3.5% down, low credit, lower income, are those not the BEST reasons for them NOT being ready to buy that thing? 

Up (2 bed/ 1 bath)  and down (1 bed/1 bath) duplex located in a B-/C+ neighborhood in CincinnatiPurchase price: 147,500Estimated cost of rehab: 38,050ARV 215,000Rent-income: 2,045/monthCOC ROI: 7.75%My hesitations:1. 

Most of my income is passive...plus I actually enjoy learning from and teaching others on this forum.

High Income professional over the income bracket that allows you to deduct RE depreciation from W-2/1099 non RE income. 2.

You may add income streams to the home by offering internet and tenants insurance, for instance.

I thought that the ability to work "whenever I wanted", and the commission potential and income, would help me get the basic funding needed for when I was finished with college.

Earned real estate license years ago but never pursued career. 

This will allow you to acquire more rental units and also being able to use the vacated unit rents at 75% to help your debt to income ratio DTI.There is a FHA 100 mile rule if you do plan on using FHA on your 2nd house hack.