If you have the time and want to become more active, you can always do that once you get a little experience.Multifamily properties are the best risk adjusted asset class according to studies and the Sharpe ratio. 

Quote from @Jim Viens: I would keep studying markets and sharpening your skills.

I was quoted $4500 for a residential cost segregation study because we did 100K in renovation so they are charging me for the purchase price cost study as well as the renovation study.

For instance, you'll learn about what TYPE of property does, and does not work for your house hacking needs, while also teaching you a lot about your local rental market, tenant selection & management. ...you might discover that you're completely fine with having two tenants at your HH, but three is just too many...or maybe you'll discover that certain floorplan arrangements do (or don't) work for your style of househacking...I can almost guarantee you'll learn SOMETHING that will help make your next property even more of a househacking success!

A type of strategy that I've been intrigued with and have been studying quite a bit is creative financing, more specifically seller financing.

I just stayed at a nice vacation rental and discovered a couple maintenance issues that I suspect had not been reported before.

Study the market.

Quote from @Matthew Vance: A recent study of LA county discovered nearly half of all vacation rentals were operating illegally.

My corporate team and I provide these as part of our cost segregation studies when they are needed.

.; saving money for a down payment, analyzing potential house hack properties, talking to mortgage brokers to understand what you need to do to qualify for a mortgage, studying up on house hacking strategies, etc., etc.), and then, as soon as I was old enough to qualify for a mortgage (and had the money), I'd house hack a property every 12 months until I hit my limit of owner-occupant mortgages (usually 10).In my opinion, house hacking a single fam or small multifam property is the single best way for people to get started in real estate investing--especially for a young adult.Why?