Around here many counties charge about 15k just for the privilege of connecting to water and sewer.Also consider new and used home costs and moving tear down and assembly.

Stagnant economy compounded by inflation.Resorts and vacation properties are going to take a hit in a stagnant economy.

My vote would be to let the tenants pay down your loan and use the cash flow to buy OTHER properties, compounding is a beautiful thing at scale.

If they are good deals you will compound your cash flow by using that capital on multiple properties.

Separate bank accounts for each LLC, separate annual filings, and in California, a "healthy" $800 tax bill annually (due from each LLC) for the privilege.

Joseph this is a great story that echoes a wonderful sentiment: small daily steps compound over time to get you to your goal.

It took me another 15 years or so to actually "pull the trigger" and get into RE investing, and all I see other than missed learning opportunities is all of that lost compounding of interest.You don't have to go big, but get going! 

They should feel privileged to speak to you...not the other way around.They should be able to give you specific advice. 

Compound interest is crucial for wealth creation and your 20s are the best time to start. 

They turned the whole thing into an assisted living compound for people with neurological problems.