Should I live in this house after and buy more property with the 100k or rent it out move and try to buy more property, the only problem is my area is so expensive a new mortgage would be more then what im paying now.

In Cleveland you can find below market rental ready duplexes that require minor repairs (keep in mind that discounted properties come with their own challenges).

Collaborating with your neighbors to share infrastructure costs could be a game-changer, especially with something as expensive as road construction.

My problem i is my market is super expensive if I stay in the nyc area and I don’t have the confidence since I don’t have any actual experience to invest out of state do you guys think paying off my mortgage would be more beneficial than looking for more rentals .

The returns that investors require is generally based on their perceived risk of the project and the investment period.With my CFO clients who do real estate development, most LPs in the small-scale residential space (SFR & 2-4 MF) are investing for 3-5 years and are looking for a preferred return of 8% with an IRR of 16%-18% for turn-key and 18%-24% for value add.

However, this would require you to move into the property and would need to qualify for a new mortgage. 

The deal was identified by my real estate agent and requires a quick closing.

All that is required is 4 weeks advertising in the local paper then call the sale on the courthouse steps the following month's first Tuesday.

That’s your advantage.No Deep Discounts Needed – You’re not fighting over distressed properties; 𝘆𝗼𝘂’𝗿𝗲 𝘄𝗼𝗿𝗸𝗶𝗻𝗴 𝘄𝗶𝘁𝗵, 𝗰𝗼𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵, flexible sellers.Wholesaling requires a ton of lead generation and negotiation.

When house hacking, consider the area's average rents, property values, and financing options, such as FHA loans or conventional loans, which may require as little as 3.5% down for multifamily properties (if it's owner-occupied).