House hacking will also give you some personal "property management" experience.

I also received my broker's license tho (solely to become more knowledgeable while making personal real estate investments), but I don't see their logic, so I figured I'd turn to BiggerPockets to help me better understand what's going on. 

Qualifications typically center around whether the monthly rental income can at least break even (1.00 DSCR) with the monthly PITI.We would simply need to know the following information to determine eligibility, interest rate, and loan terms for DSCR financing:o Purchase or Refinanceo Property Addresso Monthly Rental incomeo Annual Taxeso Annual Insuranceo Estimated Credit ScoreThe documentation is relatively light as well, compared to a conventional loan underwritten to your personal income/taxes/debts.▪ Entity documents ▪ 2 months of bank statements ▪ Photo ID ▪ Lease agreement (refinance) ▪ Sales contract (purchase)

House hacking will also give you some personal "property management" experience.

We've also been exploring properties in person.

So now I’m stuck at the stage of choosing a market.I have ~$60k saved up and set aside (separate from personal expense/emergency funds).

Ping me if you're personally interested to help shape it or reply if you have features/capabilities you would love to see.

We have in-person meetups once a month in Northern NJ.

I should have clarified on this part that I was referring to the SFH's they sent me not the room rental model. 

I personally invest here for both the cash flow and appreciation.