But I'm wondering whether it is wise to put more money down for lower interest rates or take a hit on interest rates and keep money in pocket?

@James Wise Thanks for saying hi : )

Wise who seems extremely knowledgeable. 

It is wise to have Title Insurance if you are buying a property.

Take advantage of these resources, join the real estate community, and get hands-on experience to improve your skills and make wise decisions.Good luck!

If i could chime in and help in the search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

Multiple I've talked to have said that's not a wise plan asset protection wise.

Our ROI is higher and the cash flow on the short term has been erratic.Is nice to have a place on the beach to go to, but investment wise, is not as consistent.

Planning to buy it now, rent it out for 4-5 years and sell it when its time to buy the bigger house.Do you think its financially wise to go through this process before the big house purchase?

Your journey from the Navy to real estate investing is impressive.Networking with lenders and investors is a wise step, and you'll find lots of help and knowledge here to support your journey.