I don't have anything left over every month for luxury things like going out to eat, hobbies like fishing or even going to a movie.So I'm here looking to learn as much as possible about Real-estate Property Investing and trying to figure out if its right for me. 

Turnover costs for one unit per year (already low) might eat half of that, which leaves your verrrrrry little to offset the cost of a boiler, roof, HVAC, etc.

That would eat up any profit for a while if someone was renting the unit out. 

I also got pretty pissed off with the current market setup, where double agency is rampant (despite being illegal in all other professions) and where buyers agents don't disclose their compensation to buyers, so you have no idea if your buyer agent is consciously or subconsciously tipping the scale based on the best deal to him/her.

My strategy is to rent out room by room, which can usually net more for the house in larger 4-6 room houses. i've been searching for my first house hack for 6 months now. i've had three properties under contract, which have all fallen through at some point or another. one was about 8 weeks. i've put in quite a few offers on houses, but usually lose to cash offers.my problem is, the houses need to qualify for the conventional lending standards, and almost nothing will qualify in my price range. i lost that 8 week contract because the siding was damaged. i had about $1000 in that deal, just to get a bad appraisal that the seller wouldn't budge on. the other problem is, at 8% financing, that pretty much eats up quite a bit of the cash flow, and i'm just trying to cover the PITI every month. so of the few deals i can make offers on according to the numbers, i've gotta always negotiate, and its just a weak offer that has led me to my 0/3 deal score. haha.all this to say, would it be better to try to BRRRR?

If you are going in financed on both ends, closing costs are going to eat a significant amount of money.

Also, property management, vacancy rates and maintenance (and several other things) will without question eat into that cashflow if you are able to achieve it somehow.

At the end of his life, tired, broke, and disillusioned, he sells the last thing he has--his small home with a little land--so he can have enough money to eat and finish up his few remaining weeks/months not in poverty...then learns a week later that the new owner found a treasure trove of the richest diamonds in the back yard of the property.Moral of the story: dig for diamonds in your own back yard. 

Also, the drug dealers next door had a pit bulldog that tried to eat through the fence and murder anyone that pulled into the driveway.

Whateves .. ill laugh all the way to the bank and use it to take my wife to the all you can eat shrimp at the red lobster .