Repost: Discussion about next step after buying 1st property

[Baron Meyer]

What up Team?!?!?

So my girlfriend and I have our first SFH investment property under our belt. We are working with a PM to get it rented but it's ready to go. We have the capital to move right along and continue purchasing. 1st property was $220K and now we're looking to add some $100K-$120K properties.

My question is should we just plow on ahead and when we find the right deals with the right #'s just fire away or should we wait just a bit until this first property is all nice and rented?

Assume all other things are equal i.e., income to debt is fine, employment is fine, reserves are fine, llc's are being worked on to protect the props, all that good stuff.