If you are ok with waiting until you are 59 1/2 years or older to have full access to the 401k contributions and gains (penalty free) than your path might look different than someone who wants to have a monthly passive cashflow that meets or exceeds their monthly expenses by age 40.Trying to amass a large nest egg in financial products such as a 401k, IRA, etc will require you to save & invest 50% of your income to gain 1 year of paid expenses in retirement, which assumes similar health status and lifestyle choices once you get there.If you are interested in economic independence earlier rather than later, invest only the 5% to get the full employer 401k match and then focus on positive cashflow investments to start replacing your active income (your job).

I am wanting to get into SFR rentals in these areas, and I'm curious whether there are any areas that should be avoided due to overbearing anti-landlord rules/occupancy requirements, etc that would make it challenging to rent out a property. 

Especially in the litigious age we live in.Even if it is ruined (it's not), the PM still wouldn't be responsible. 

What's the age of the Furnace/Water heater?

It’s a working-class Young/family neighborhood (30-50yr olds, ave age of 35).

I've had a great experience with my househack *knock on wood*  This story is about my first tenant.I had great tenants, but my first found out I was the owner and similar to my age - so he acted like I was one of his buddies, which is all good and fine but in the end, its a business.

If you end up at the age of 22 with $15k in Roth IRA, $6k in brokerage and $20k-$30k to use for real estate you will be in a great spot.

There is no cutoff age for dependents and the fact that you're 33 doesn't matter. 

@Cameron Riley keep in mind with damage charges that it is also based on the age and condition before they moved in.

I also have a pro forma, but before making an offer and potentially sinking money into an inspection, I want to confirm that the tenants aren't currently delinquent on rent and would like further information about the age of the roof and the prior water issues in the basement.