If you really hustle and are smarter than the average bear, you may make enough money that you can buy an investment property.

Or should I buy a house from auction that I probably could purchase it for less that estimated vaule.

After finding outlets and switches placed in bad spots and plumbers who wanted to argue about the use of Pex manifolds my subsequent projects I literally would pound all the electrical boxes and label what they were for and buy all the the materials myself. 

What makes you question to buying another house? 

It is exactly what it sounds like, buying a property that has an existing debt on it.

Jimmy  - Thank you for the input, definitely buy and hold.

Jerome has 2 programs, Buy Build Flip for $7,500 and Build Wealth Mastermind for $20K. 

Purchase price: $35,000 Cash invested: $35,000 Sale price: $110,000 A fix-and-flip project purchased off-market from a tired landlord involved buying a distressed property with significant deferred maintenance.

Quote from @Virginia Frost: Investment Info:Small multi-family (2-4 units) buy & hold investment.

:)Just kidding.1) Stock market: may want to do this while exploring other options, just make sure funds are easily accessible2) Buy Multi-unit: two basic options:- Buy turnkey: may not cashflow for 3-5 years, depending on your management skills.- Buy someone else's problem: can you fix their problems?