My recommendation - you are 30 and a family of four - continue to save money until you feel comfortable in real estate.

The city has good macro economic factors and a strong economy - I looked for cities that were at least better than the national average when it came to population growth, wage growth, median sales price growth, etc 2.

do i need a lawyer and a specific one at that?

If you’re looking for speed, flexibility, and a customized solution for your investment, private money lending is a great choice, even if the interest rate is higher.

I look forward to seeing your posts as you take action, become an investor and a developer.

Big companies expanding in the area means employment and a strong tenant pool and high occupancy rates.

Sounds like you have some great options and a jumpstart, congrats!

I would tell folks at the time with 30k brand new homes that Lehigh was probably one of the cheapest places in US if not the world to live everything considered US medical and fire and police etc etc and no state income tax.So here we are today de ja vu all over again with hundreds of investors stuck with half built houses and a the vast majority of all these were spec for rental purposes not to live in..

I plan on having kitchen remodeled, new flooring out in, and a wall removed.

It takes patience, strategic thinking, and a burning commitment to building wealth over time.