I've also seen a lot of BRRRR opportunities and house hacking opportunities in the Shoals area.

Take your time and don't let FOMO distract you from your long term goals. 20 years from now, it won't matter whether you bought a house this year or next.

Hey @Jonathan Baptiste, so we are a bit different than some.We have a large house that can sleep 12 comfortably and we provide a lot of stuff.

However, I see this as a vertical integration and bringing more capabilities in house to make more money instead of hiring an outsider firm. 

A lot of our housing stock here has finished basements or in-law suites, so with something like that you can generate significant rental income for an inexpensive conversion. 

If I were investing in eastern WA, or where my extended family lives in Pennsylvania, those 100k houses in good condition are a real thing there.  

We plan to stay in this house for more than 5 years unless another great opportunity arises, but maybe it is best to allocate a bigger portion of savings to our real estate investment savings account than our home improvement savings account for the first few years.

Any general advice is much appreciated.You should house hack to start.

You do realize how you got the house right?

I suspect it's due to the change in the housing market and economy.