Begin with smaller projects or wholesaling to acquire knowledge and boost your self-assurance.

Single family properties are still selling near record highs, even with mortgage rates also up dramatically.  

But you're not boosting the value enough to rent them for $1200 with 15K

If you wait 6 months the market most likely has driven the price up, and if you have the asset secured and rates go down you can refinance (giving you a boost in monthly profit). 

My question is: am I acting dramatically?

But your overall income is low enough where it would not make a dramatic enough impact.3.

Setting clear investment criteria, such as the types of properties you're interested in, where you want to invest, your budget, expected returns, and how much risk you're willing to take on, is key.In order to be financially prepared, it's important to save for a down payment, establish an emergency fund, work on boosting your credit score, and look into different financing options.

Plus the advantage of leverage (modest if your a risk adverse pharmacist :) boosts and IRR dramatically.

Not to boost myself up but I'd put a lot of effort into a kid if he approached me as I once approached others.

Have they really jumped up as dramatically as people have said, or is it a bit of an overstatement?