Ohio Real Estate Investments

[Jesse Ferguson]

Hello all! I am somewhat new to investing, I have read a lot of books on finances Psychology of Money, Rich Dad Poor Dad, The Book on Rental Property Investing ect... I understand the basics, I am hoping a local investor can give me a second opinion in my situation.

Me and my wife own 1 rental property in Lebanon Ohio (our first). We lived in this condo while we renovated everything. It is now worth 130k (in my opinion) We will have it paid off and are looking for the next condo, also might be interested in single family / multi-family homes. In this current market I am honestly just looking for a good deal and open to several ideas. With that being said we are not wanting to overextend ourselves.

1) how big of a loan should I consider?

2) should I try to pay off that loan ASAP or just pay the minimum and get more condos?

Just looking for a second opinion!

Thank you!