Secrets of the wealthy tell us Debt is tax free. 

And then do the smaller one because the 20% we'd have to put down would be smaller.Background - we're not wealthy!

Another thing you should do, depending on your wealth, is to form some type of corporation or a LLC.  

I can also tell you "The Bankers Code" and "The Wealthy Code" by a personal mentor of mine "George Antone" are two books everyone in this form should read.

-You live where your wealth is being generated, so you can keep a close eye on your investment. 

I could never in a 1000 years think that free and clear property is a bad thing.. the most wealthy of my clients or personal friends and or acquaintances have a majority of their holdings with no debt.  

I treated everyone, no matter how wealthy they were or how poor,  in the same manner.  

Having a goal of 5 years is great and you may want to look up "7 Years to & Figure Wealth" I can't remember who wrote it, but they are on this forum and contribute articles on here as well.

Building wealth thru Jewish Lightning I can see the marketing now Did you know that more wealth is built in declining markets with Jewish Lightning than all other conventional means of investing If this offends anyone plase accept my apologys, the Phrase Jewish Lightning was shared with me by a jewish SWFL REIA member right after the fire I bought this home with the people and contacts in place.

Wealth is not built overnight and because you have started at a young age you are ahead of most, but leverage your steady income to purchase more properties in less time.