Advice on when to start - Financials

[Nathan Wadkins]

Hey everyone, been looking into REI for quite a while and am getting more serious. Purchased PR in 2020 with interest rate of 2.75%, 15yr. Owe $160k w/ $90k equity.

Gross Income: $10.5k monthly

$18k in loans

Current mortgage is $1600 and PR could rent for $1650. 

My question is would it make sense to save for down payment for another primary residence and rent this home out with negative cash flow to get into the REI game. I can cover the negative cash flow for the remaining mortgage term and may look at paying it off early. OR should I be saving to just buy an investment property?