UE4 Project FPS Template Engine Version: 4.21.2 You'll need the plugin!
This is the project I created to better understand how this works. You can also use this as a starting point to modify for your project. You will also find a bunch of useful tips and an example I made with a character from mixamo.
You'll need to install GoreSystem Plugin to fully run this project but you can still use my example assets for free (Particles, Decals, Models, Materials...).