You mean $100-120K “all in” or just purchase price?

.: Hello,I've purchased a few properties now and this is a first.

First time investor, hoping to obtain my first duplex soon, and this family land purchase is on the horizon as well.

Maybe it isn't worth it, but you should consider the numbers and decide...that could push you towards purchasing another rental. - You mentioned paying down/off a rental and needing to consider the tax implication.

@Matthew Strackjust to confirm, the funds you'll be using for your investment purchase are borrowed?

I have a friend who is a banker locally, he's seen business bank numbers for 40 years...he know what makes a strong business client and when it is a weak business with some good years.

Quote from @Ben Trageser: I work with Mark's firm a lot along with a number of clients.

There’s not really a lot of value add opportunity or sales comps in this space for our area.I typically (BRRRR) purchase fixer uppers with cash, fix up, rent, then refinance on a DSCR and get all of my money back.

I look to achieve the 1% rule when purchasing although in the current market it’s not a guarantee of cash flow.

This year I made it a goal to purchase my first property and my hope is that with the help of this community, I can make that goal a reality.