Some people do bad things when choosing what they feel is the lesser of two bad choices.

I think you are making a good choice by paying down a mortgage instead of paying someone else’s.One question, did you tell them you were going to put 5% down on a multifamily as an owner occupant?

Home buyers, now steeped in several years of rising prices and low inventory, became more selective in their purchase choices as housing affordability achieved a ten-year low. 

We are thinking a wholesale to get more familiar with the area first will be the best choice (we also have 2 more coming available). 

@Jay Hinrichs here only a lawyer can edit or modify the terms of the contract. 

My own opinion, it's been a solid choice. 

Your atty should have also request a copy of the leases.The sellers will resist your request to remove the nonpaying tenants, but depending on the contract and your atty review stipulations they might not have a choice.

I can dig into these cities all day long on the internet, but because I'm going to be living there as well (not just out of state investing) I plan on visiting these cities before making a final choice. 

Yes another bad choice.

Now that I have been spending a lot more time learning how to purchase out of state I’m ready to make a purchase.Miami is my next choice of destination for a tri or four-plex.