Advice on obtaining the second investment or optimizing the first

[Jaston Robinson]

Hi all! I closed on my first house hack in Oct 2020. I now live for free and cash flow $100 a month. I purchased a triplex with an FHA loan and combined it with a first-time home buyer down payment assistance program. I brought a check for $1,600 to the closing table and received a check for $4,400 from the seller (for security deposits & prorated rates). Even though, I have my first property I bring this question before you. Should I optimize my current property (i.e. rehab it to its full potential) or use that capital to purchase my second investment property? I'd love to hear anyone's opinion on this. Let me know what you'd do and why. Thanks in advance