My title was purely to draw attention, and not meant to insinuate that anyone is a 'bigger' investor, or better based on the number of deals, etc.

In this application, there is no place for purely tax related concepts such as depreciation.

You put your team together there, market, talk to sellers, get the property under contract (I like using a Pure Option for this) market to buyers, do the paperwork and close.I have found investors in other markets (Memphis, Canton, Ohio, Ft Collins, Tx, DFW) to work with also.

It's pure luck!

This is purely hypothetical but I had an idea that I could explore if it's even legal.  

FHA loan 400k monthly $2467 taxes PMI insurance all included.Rental market for single family home is $2200-2400One room rent is $700This would be a buy and hold compromise between being a pure investment property  and having an overpriced primary residence.Does that seem like an OK investment?

From a pure cashflow perspective, the 4-bed unit is far superior to the 2-bed units in most duplex comps in the area (my feeling, anyway), reflecting a $500-700 premium in rent rates, especially if rented to Section 8.

I could purchase one to live in one side to house hack and another purely for rental purposes.  

It will be rough to purely ask a realtor for that much time without any prospect for compensation.

I get joy from helping other people, so I'm glad I could inspire you!