Find out what your SS will be and have either enough cash to cover the lack of that or work a little to compensate for the lack of SS until you can collect.This assumes you can live off your income w/o your W2 when you start collecting.

I plan on living in this with roommates for 2 years and going onto the next deal.

I’m a new investor who lives in Los Angeles.

If your coach is from across the country, and simply going to provide you a pre-packaged underwriting template, a segment on "how to pick a market", and lives in the world of 300+ unit deals, when you are looking at 30 unit deals, I would pass and use the typical 10s of thousands of dollars towards your downpayment.

I live in Miami and insurance is extremely high. 

Unique half-acre Cul-de-sac home in Port Saint Lucie 2100 square feet of living space under air, crown molding accents.

Figure our your goals first, keep it simple - Do you want to house-hack or invest out of state if the market you live in is too pricey?

You can always pick those up after the lease ends via a judgement in court - you will have the same odds of collecting unpaid rent (close to 0).Sometimes we take it personally when folks do stuff like pay late every month - landlords live longer when we learn to not take things personally.

Unique half-acre Cul-de-sac home in Port Saint Lucie 2100 square feet of living space under air, crown molding accents.

And while it is not common that you find a $100k industrial building, it is also not impossible, depending on condition you need.But at a high level, there are a few factors at play: everyone needs a place to live.