My friend is in a pinch financially and is willing to sell the house to me for $50,000.

@Tylor Gray I use the app "LetGo" and will mostly use "Task Rabbit" when I am in a pinch. 

Also, when new, you pinch every penny, as you should. 

I think there is a 3 month window where interest rates will continue to decline and there might be some real estate issues but home sales just hit a 12 month high, it takes time for the re market to feel the pinch.

The pinch is that because I am using FHA, even though its a "3 unit", it is only a legal 2 unit.

I live in Tampa and we have a couple commercial cleaning companies we can call in a pinch if the worst were to happen - ie family emergency and the backup is snowed in. 

They're a convenience, and as Erik pointed out, you can wash them out in a pinch.

If you can refinance out of your VA that is great... but you will need at least 20% down if you don't want to live there for another year after the refinance.That's why I would recommend educating yourself, pinching your pennies, and making sure you have that 3% to 5% down payment for house number 2.

This would allow me to still invest in real estate as well as numerous other areas while doing it all within a tax-advantaged account, likely with more liquidity and the ability to withdraw my initial contributions without being penalized if I ever found myself in a pinch.

Those with small margins and those who have a high preferred return on Class A and luxury apartments may feel a pinch.