Instead, I had a Paxton supercharger added, along with new exhaust system and rear end.

The costs are much higher than an natural gas furnace.

I live in Houston, and it's already very humid, and I find renters aren't great about using exhaust fans during their hot showers, so sometimes the paint is nearly peeling from the wall.

Perhaps he feels renting a condo is hard than an SFR or perhaps he is concerned the value of a condo can decline faster or he might have exit issues with a condo in the future.

But these are definitely NOT cheaper than an LLC.

As far as economics, the Model 3 five-year total cost of ownership is actually cheaper than an Accord or Camry, even though the price is higher.

Buying and holding rental properties that you self manage is really a business start-up rather than an "investment."

We are also projected much higher than an 8% cash on cash return for investors so even if out conservative approach is not conservative enough there still room for positive returns.  

A loan officer makes significantly less than an engineer with their masters degree.

Let your tenants pay for your mortgage.You get tremendous leverage (I've seen house hackers with 50%+ cash on cash returns here in Denver)You get hands on experience a landlord.You get the best loan rates (typically 3/4s of a point less than an investment property loan)You have the opportunity to live for free or even cash flow!