When accounting for carrying time on the bridge debt, taxes and insurance or alternatively over raising equity to take down the land, the costs add up quickly.  

It's seen quite a bit of growth and development, the income is also high around that area. 

Pacing yourself is key, especially as you get hands-on experience managing maintenance and tenant dynamics.Since you have a strong W-2 income, you're in a great position to leverage creative financing options as you grow.

If you're looking for ways to accelerate, consider these options:Seller Financing – Some sellers may finance a portion of the purchase price, reducing your need for a large down payment.DSCR Loans – These loans focus on property cash flow rather than personal income, often requiring only 15% down.Private Money Lenders – If you can find a PML willing to work with you, you may be able to put less down.Partnerships – If you’re open to splitting profits, you could bring in a partner who funds the down payment.Since you’re okay with the slower path, just keep stacking cash, but these might be worth exploring to move faster!

By purchasing a multi-unit property, living in one unit, and renting out the others, you can cover your mortgage payments and start building equity while gaining rental income.

I can save a fair bit on state tax and rent as I'm currently living in California. 

Single family is restricted to single family, no income generation.

You also need to accommodate tenant schedules for showings.Relisting later might reset your listing's visibility, but delaying could cost you more in lost income.

I  Income:  The amount of property you can buy will be dependent on your Debt to Income ratio.  

I purchased my first investment property through an online auction for delinquent property tax.