One of your biggest challenges will be separating all the online fluff from reality.EXAMPLE: several S8 "gurus" have already been exposed as frauds, but unfortunately, they sucked in thousands of investors.You're an engineer, use your education & experience to start building up a logical approach to investing in rentals:)Start with this:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Income not keeping pace with housing prices will be a huge factor for multi-generational house holds & house hacking. 

I am considering buying another rental in my name that will generate a loss but will help me build equity and reduce my taxes.

High standards and ethical practices will build your reputation.Shifting your mindset to treating real estate investing as a serious business is fundamental to success.

High standards and ethical practices will build your reputation.Shifting your mindset to treating real estate investing as a serious business is fundamental to success.

High standards and ethical practices will build your reputation.Shifting your mindset to treating real estate investing as a serious business is fundamental to success.

I have more flex on fico depending on factors of why fico is what it is, for example divorce etc.. 

Whenever near the beach other factors need to be considered such as flood, wind hail insurance. 

Theoretically, yes.While it is not entirely impossible, for most people the more likely path to success is to build the skills necessary with a couple duplxes. 

Hi LuckyI'm interested in multifamily building.