Hello All,My name is Devonte Calloway. I'm fairly new to Real Estate but I've been committed to learning. I've spent my time attending webinars, meet ups, networking, listening to Bigger Pockets podcasts and reading t...

I live 30 minutes outside Chicago and I'm attempting to start a second career as a real estate investor and agent.I've been a full-time career Firefighter/Paramedic for 13 years and I want to find another career to transition into so I can leave the fire service in 8-10 years.  

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. ($10K savings yearly vs living on campus) The lender recommended we purchase it as a second home instead of an investment property to obtain a better interest rate.  

My mother is retired, and my father still works (but would likely want to retire in the next few years, so cash flow w/ new rentals would be my recommendation vs. paying off the mortgage if that's an option).

Unfortunately unlike other people I don’t have anyone to co-sign for me for any of these investment opportunities I could take and my father lives in New York City, he doesn’t like the idea of me getting a property, he just thinks I should get an IT job and pay rent that’s what I went to school for all these years but it hasn’t been easy getting a job so now I’m taking into account that I could Uber and I can make atleast 300-400 a weekend but I plan to do it everyday to get extra cash in, I’m so hungry to become successful I won’t ever give up, instead of saying I can’t do it, I’m just trying to find ways to do it, like most successful people and I know it isn’t going to be easy and I’m living way below my means, my favorite meal is pack ramen now cause it’s the cheapest haha.Anyways my question is in my current situation what would you advice me to do to be able to achieving owning a MF property to do the house hack with FHA loan, can Ubering be use to qualify for me for the FHA loan?

-My second RE agent just wanted me to buy, she knew what my spending limit was and she would always try and get me to purchase at my max budget.

Second, the reason for buying during a dip is to take advantage of lower prices, but there's no guarantee that the dip in a few years will be BELOW current prices. 

While we are advancing in the market cycle and are now certainly in the second phase of the seller's market I don't quite see the turning point on the horizon.

Either 1 or 2 of those people took a loan against the property and defaulted, the first by taxes and the second by default to the bank.