It has incredible opportunity.

I'm not really worried about the $100k you've got in the game to get the assignment, but I'd be worried about the money you're putting in to rehab it as not generating 1:1 ROI.Maybe the Bay Area is such a hot market that it's less risky than I think, but I tend to be risk averse as an attorney. 

I have found this program incredible for the most part but a bit frustrating in only 1 respect. 

One thing to keep in mind with RE  (especially with the appreciation around here,  and hot market around tacoma)  is that time can turn a bad deal into a good one.Even if you are negative on monthly cash flow now  (occupying one unit)  you are $1250 a month less negative than if you had an owner occupied SFR with the same monthly costs,  and you are getting some tax benefits.    

And she told me how hot the local RE market is in Boise, with everything going up every day...Well, for those of us in the Bay Area, RE price peaked in 2018, and has been dropping 10% ish since....

Just because cold calling and door knocking works incredibly well for one agent, doesn't mean it'll be what's right for you.Lastly, aim to be active on Bigger Pockets. 

You just need to make sure you not only have enough money for the 3.5% downpayment for an FHA loan, but also some money in reserves in case something goes such as a hot water tank or other issue. 

Talofa Lava or Malo lelei @Junior Finai - Sounds like you have some great experience that will be incredibly beneficial to you as you get into long term investments.

With Vegas being a hot market and owning nice units in nice areas, they don't last too long once vacant.

One even has an inflatable hot tub in it.