I calculate your mortgage will be something like $48k which means at 75% LTV your down payment is $16k: if you don't buy the points then you're ~7% towards your next property, which isn't a lot but isn't nothing.Contra to all of these points, if you don't trust yourself to wisely manage the $1,000 and you need the extra breathing room that the $14 adjustment in payments will grant you then psychologically you may be better off marginally increasing your cashflow, regardless of the numbers. 

I have been researching articles and blogs for the last 18 months now, I eat breathe and sleep real estate, I'm VERY ready to start but I made an agreement with my wife that I wouldn't start a project in investing until we built our own personal house first, I need to focus on my electrician license which has an extremely difficult test to pass (35% pass rate) and we are focusing hard on debt reduction.

I'm waiting with baited breath for the words "we GOT . . .

I held my breath when Trump said "there will be an eviction fresh".

That breathe air.LLCs are for commercial assets and I have a few of both.  

Take a deep breath and post your questions here on BP.

Take a deep breath and just read.

You should think about minimizing stink as less about breathing in harmful substances and more about being comfortable enough breathing to devote your full attention to doing a job carefully.

But as we all know, it was really Bill Clinton's admin that forced lenders to give anyone breathing a home loan (remember the 'National Homeownership Strategy' ?)...

if your not sure that is OK take your time and learn what you can and see what sticks out for you and arm yourself with knowledge but be careful that you do not fall into the hole of paralysis / analysis. or research yourself into confusion,  if you do just take a breath and remember, even the pros were clueless once to. do not be afraid to jump into a deal and make an offer if the numbers look good, due diligence and then pick up the phone.but best of luck in your REI adventures,Jay,