First time investor - currently have an FHA loan.

[Alexander Gutierrez]

I’ll dive right in - Any help is very much appreciated and I will give more details if needed. Thank you in advance! 

I am 23 years old, and decided to invest in Real Estate 24 months ago. SADLY that was way before I came across this amazing website last week! I have made many "mistakes" already! 

So, in February of 19 I bought a vacant property for 37.5k - I had intentions of building a home and then renting it. Fast forward to July of 19 I came across a condo down the same exact street I bought the vacant property. I thought it would be best for me to start with an already built home instead of learning the home construction process with no real estate knowledge. I decided to pay the vacant property off in full in July, so I could buy the condo in September with an FHA loan and rent the rooms while I live there. Now, I am living in the condo renting two rooms and living rent free. Although this is so nice I want to move forward and buy another property soon. What would be the best thing for me to do? Sell the lot and put the money towards the home I already own and refinance soon? Sell the lot and put money towards a vacation property down payment? I am so lost, and need advice from the community here.

I should say - I started saving for real estate 24 months ago, so I was fortunate enough to save about 50k. That is how I paid for the lot and down payment on the home ( which was about 9k with closing cost). So, in another year I count on having about 12-15k ready to use again. 

Again, any help is greatly appreciated!! 

-Alex