We would reduce our annual expenses down to $15,000-$20,000, invest in index funds until we had a healthy nest egg, look into all kinds of other real estate investment possibilities, and retire in a few years.

San Antonio seems appealing to me due to the growing population, healthy economy, and relatively affordable housing.

Then I'd knock off a healthy percentage of that value since it's completely vacant.

If you do already have a healthy amount put away for investing, devote some it to eliminating those debts (and avoiding additional long-term interest charges) and see how quickly you build that capital back up when you don't have two monthly debt payments to worry about.

Brush your teeth and floss everyday.The same goes for real estate.HVAC units,swimming pools,termites and critters,and appliances need regular inspection and maintenance before they fall apart or rot away.The roof should be inspected after every harsh winter to check for minor damage to repair before it eats away the entire roof over time.Looking for small problems to fix every 6 months can keep your property healthy longer and your cash flow swimming.

You will learn the market this way.My tips for analysis are to factor in a healthy cap ex and repair fund.

Some amount of leverage is healthy from a business point of view.

I get making sacrifices and making sure that your comfy later in life, I do like to enjoy life to an extent while I'm young and healthy.

However, in competitive markets, it seems evident that most offers will offer standard/healthy earnest money, normal-to-fast closing times, 1-2 contingencies (inspection + financing), etc. as table stakes, and the deciding factor seems to be the top-line value of the offer.

Hey Caleb, how healthy/active is the group and are you looking for new members?