@Keyshawn Johnson I'll connect via messages, but for the broader community:• What should I know about buying property in Destin? 

This is not a one size fits all answer, but bad debt is non-asset based or depreciating assets - , credit cards, medical, buying dumb stuff.Good debt is debt used to make or grow your portfolio. 

The buyer ended up buying and reconverting to a single family, and doubled his purchase price.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Will you continue to buy in that neighborhood with your next purchase @Teslim Salami?

This does not align with buying most buildings in cash.Once you progress in your investing efforts you may come across more UHNW individuals, family offices and institutions who would take the lower return for limiting risk (all cash deal).

. $220,000 is definitely a lower purchase price amount and really limits you on what you can buy.

The real value is on the buy side. 

Right now, I’m looking to buy my first duplex, live in one unit, and rent out the other to offset my mortgage.

Cash flow is definitely the biggest challenge; both in terms of finding properties to buy that cash flow with a loan on them and just company wide given interest rates and labor/material is up and, at least where I'm at in Jackson County, MO, taxes are way up too.