The newer property should keep things low-maintenance, which is smart for your first investment.

@V Reddy First, setting up an LLC to invest in real estate is generally to limit personal liability and for asset protection (select "magnifying glass icon" in top-right corner and search "LLC", you'll get a lot of feedback).

A solid W2 income can be a big advantage when it comes to securing investment property loans, so it's smart that you're recognizing that.

With your saved capital and no major obligations like high rent, you’re in a good position to make a smart move.

In my personal opinion, I wouldn’t be as worried with some of the niche items, like a surround sound system, smart features, sauna.

You can save money by buying smart, but don't buy cheap/lower quality because you get what you pay for and it may cost you down the road.

This is a very smart start - "Short-term goal/first milestone".

But then again, I also expected a smart-a$$ comment from you.

And while we are on the subject, it is smart to protect your assets by using advantages that company structure offers.

Donating appreciated securities to a charitable organization can be a smart way to give, both for you and the charity.