I wouldn't pay if I were in your shoes.

I am a huge fan of house hacking.

It took more of our time to rent (no huge open house - We showed to each prospective tenant individually), but it was only vacant 1 month and about 2 weeks of which were spent on the tenant turnover (previous tenant was there 5 years so painted all interior, replace 2 out of 3 faucets, replaced all internal water valves and hoses, laundry roof needed some repair, repainted car port, replace one bathroom fan, replaced 3 blinds, some work to closet doors: turnover cost was ~$4k).You seem to have done your due diligence. 

I might not use those exact skills in my area, but it taught me to think (business) “business structure, know your numbers do your homework” and also (design) “how do people think, react, involve emotion, how do you stimulate that, create certain feeling, interact with people and put yourself in their shoes) General studies has a stigma that you can’t do anything else so you picked that, but that’s changing and that degree lets you customize your classes to what will work best for you.

I’m a huge fan of BP.

If I were in your shoes (and I'm in pretty similar shoes), I'd stick to a fourplex for the longterm residential debt.

Hi @Allan Fan & @Bob Derwin, We manage multi units well.

If I were in your shoes, I would join a mentoring/coaching program to learn all you can, wait for a market softening, then revisit this.  

I am not a big fan of HELOCS just because it's not guaranteed money! 

I’ve never been much of a fan of the stock market compared to real estate investing, but have diversified some of my assets in an IRA index funds the past few years.