Last piece of advice is to raise additional capital because shortages while building ground up can be a painful proposition.

Windows should operate properlyIf other appliances don't work well, if there are slow drains, if you have leaks, faulty outlets, etc - this is what you will keep running back to the house to fix.If you have lived there for some time, take a piece of paper and write down some of the things that really bothered you while living there.

I love the area.But, first, it's very clear that you are emotionally attached to both pieces of real estate for very good reason.

If I have one piece of advice it's to do 1 at a time and make sure that on each purchase you are learning at least 1 new skill you didn't know before.

The investor piece is a bit of chicken and the egg: you need to have an idea of what types of structures are out there (Kim and team, as well as other syndicators can give you some ideas).  

In addition to that, here are a few pieces of advice that might help you on your journey:Wholesaling as a Launchpad: Wholesaling can be a great way to generate capital and gain valuable experience in the market without the need for significant upfront investment.

Hope to hear a piece of wise advice from mature investors.The question is whether I should I invest into flipping properties and making higher ROI or invest in rental properties with a lower ROI but a steady cashflow?

This would be my single biggest piece of advice, as a rough location with little upside offers little margin for error.I sent you a DM to help out :)

HOWEVER, for most investment property cash out programs you will be capped at 75% loan to value (the delayed financing piece does  not effect this loan to value max).

There was a Tampa Bay Times opinion piece a couple months ago about a person leaving Florida and when I read it they were leaving because of politics.