Take the proceeds and invest in a highly trusted Syndication or fund and enjoy the passive income.

If you truly want to "retire" young, keep investing and living your life you'll need a ton more.

I actually enjoy visiting there from time to time. 

Until that happens, enjoy major cash flow. 

I am living at home still, so I don't have any expenses, but what should be the next step I should take?

I enjoy tenants turnover ever few years for the reason fair market rents tend to increase significantly year over year. 

A furnished mid-term rental or month to month lease can be well worth the small incremental monthly cost for this flexibility if you are serious about finding a great live in flip candidate on your timeline, not that of your employer's. 

I’ve been coaching new investors for a while, and I always enjoy hearing about what brings people to real estate.

I'm a Realtor with a couple properties listed in Boise, ID and a neighboring town for my investor/client that are currently rented as co-living or rent-by-the-room and getting killer income. (7.3% - 9.5% Cap rate) So far, every inquiry has been baffled by the concept of co-living or rent-by-the-room and immediately ask if they're being run as a halfway-house (which they are not).

I enjoy helping Bigger Pockets members save time and money.Thanks Jay, I may get in touch!