-Leverages your current momentum and enthusiasm for investing, potentially accelerating your path to financial freedom.Cons:-Requires managing two properties, which could add stress unless you already have a system in place (or plan to hire a property manager).

She is planning on renting out to section 8 and has pacified my worries about section 8 tenants.

How do you plan to operate it?

He knows we plan on continuing to grow our portfolio.

I envision this portfolio supporting me during my retirement years—though I still plan to work, just in a different capacity than I do today.I recently finished reading "How to Invest in Real Estate: The Ultimate Beginner's Guide" by Josh Dorkin and Brandon Turner, which has been incredibly helpful.

If you plan to resell, I think it's wise to discuss with seller in advance and that way the lien on the property can be transferred to second buyer, but you can continue to make payments at the former schedule etc.

You’re building a thoughtful plan that’s set up for success.

The tenant refused to communicate about his plans to vacate and finally left the key under the mat on June 2 but made no communication, so we had to make 4 trips looking for the key.

Off-market property is the best option for fix and flip, but since you are planning to live and flip, some on-market properties would also work.

The numbers have to work for your business plan or you will end up with a money pit.