New to real estate, would like advice

[Luis Prieto]

Hi guys/gals. I have been reading many posts ofln this site for some time, and have found them very informative. With that said, I would like to introduce myself. My name is Luis Prieto. I am 29 years old and live in rural North Central Washington State. My wife and I got married 4 years ago, and bought our first home. About 2 years ago, I decided to quit my job operating heavy equipment, and decided to go to school. The birth of my son made me question my goals, as I don't want to work 55-60 hours a week. Since then, we have been living on my wife's salary of about 50k. We live comfortably mainly because we have no bills, and we live in an inexpensive place. 6 months ago, my wife and I were able to buy another house. We rented our first home, and currently we are set to close on our first foreclosure. We financed ourselves for this foreclosure with a personal loan of 45k. This foreclosure is in excellent condition, as it only needs a sink, new countertops, and appliances. We had a builder that we know and trust inspect it and said that it is in great condition. We plan to refinance in 6 months, and after a year sell it, since it's a Fanny Mae home. Also, I plan to start working within a year, so our income could potentially double. Do any of y'all more experienced investors have any recommendations bases on our circumstances. I would love to learn as much as I can from y'all. Thanks.