What’s the next move

[Misty C Traylor]

I'm stuck. So stuck that when I logged on I realized I still had a post I had typed but never posted a few years ago when I started listening to bigger pockets (posted today). 3 years ago I did actually find a tax delinquent property attached to my current property and am now selling to the neighbor for a $5k profit. So that counts as a first deal, right? However I haven't done anything else. The execution is the hardest part. I have saved a good amount of cash. My home is paid for and I have an equity line I could use. I struggle with which avenue to pursue. Id love to have a vacation home rental but don't know if with all the HOA,fees, etc if it would actually cash flow. Or do I choose smaller local residential property for my first deal to get experience. Or go bigger and find a $600k property and pay cash for the down payment. Debt scares me. What advice would the seasoned folks have for me ? Thank you in advance.

[Eric James]

Start small. That way your mistakes will be smaller.