Second, it's very time consuming to coordinate someone walking thru 100 units when they don't know if you're going to make a reasonable offer and be able to deliver on it.  

If not, here’s some more info on Adverse Action notices and what they should include:FTC: USING CONSUMER REPORTS: WHAT LANDLORDS NEED TO KNOWRental Rejection Letter: 3 Sample Forms for Landlords

DON'T BE STUPID and build up a bunch of consumer debt, because that will put you down in a hole.Shoot me a message if you got any  other questions. 

But there are risks, that a residential consumer loan would not have.

When you do decide to make your first hire, I recommend it be a Virtual Assistant, have him/her do all the admin tasks that are time consuming. 

Consumers think price, business owners think profit. 

We have never had a complaint, but from what I understand they can be very time-consuming to deal with.  

So that means that any consumer debt that you currently have, plus the new proposed mortgage debt can not exceed 56.9% of your monthly averaged income.It will be much easier for you to qualify for a larger loan on a 2-4 unit property, than it will a single family, because on the 2-4 units you will get the benefit of the rents coming in from the other units.

@Michelle Paulsen You state "I want to retire before age 65 so I am leaning towards not putting money in"On the contrary, the single best way to ensure that retirement at 65 is to contribute to the 401k.I don't know your W2 income nor your age, but lets suppose: $40,000 (modest income) and 25 years old.Lets suppose a very modest 2% annual raise.Lets suppose NO match from your employer.At 65 you will have an income of $88,000/year.BUT you will have over $3.5 million in the "bank" (10% annual return) and could retire with a retirement income of $285,000/year.Additionally, you could retire at 51 and replace your income (that would be $67K at the time.)You can adjust for your current starting salary but the ratios remain the same.By the way, I am NOT saying don't invest in real estate. 

I've been an agent for years and I've been watching and consuming content for a while now.