I kindly went over the numbers with her and said if someone got financing from the bank and had to pay 25% down, that there would be hardly any "meat on the bone" from the monthly income someone would charge.

There is more that I would look at but for now I think that's enough to answer the meat of your question.I welcome your input privately as well.

I've also read some other suggested books like "Rich Dad Poor Dad" and "The 4-Hour Workweek" as well as many others are next on my list.As of now I am planning to go the house hacking route considering I'm still young, single, and moving is still a very viable option for me at this stage of my life and using a FHA loan will be nice while I am still trying to build more cash flow and get my foot in the door.Hopefully I'm still able to learn way more in the coming months to help make myself even more prepared, and I look forward to learning from everyone here as well.

numbers look tight to me at $363k.

Before getting to the meat of my question, I'd like to clarify that I do not represent or share any affiliation with any of the websites below (though I have benefited greatly from the use of them in the past).  

My older brother used to always beat me at Monopoly.

To me, at the very least this will be another $1k we pay them just in fees.  

That's what they told me at least, still mostly paperwork, God Bless American bureaucracy.

You had me at "purchase for $120k, rents for $2k/month"Well done.

What do you think about me transferring the loan after I purchase my second rental property and doing both at once or would this be leaving me at too much risk of a potential law suit?