I’m passionate about real estate and think it could be a great way to pay off my debt fast before the interest eats me alive.

Its sort of a chicken and the egg. 

To steal a quote from “The Richest Man in Babylon” - “You do eat the children of your savings.

I have restaurant as a neighbor and now they have the customers eating outside their parking lot.

If I had to do it over again I'd like to think I'd walk away and just eat my costs.  

@Khang Tran Wow - that'll definitely eat up all cash flow.

I can find a nice house in these places for 300K but probably not the wisest investment and would still eat up a good chunk of my savings for 20%+ down payment.I am newbie and barely contacting lenders and figuring out if I would be qualify for a second home (On Title for my Parent Townhouse) vs. investment property.Just trying to make the smartest move for long term wealth building.

I really shouldn’t care as it’s such a small amount and I feel like the “out-the-door” price is more than fair, it just pisses me off because they were late, one of the cuts was slightly off (which hopefully shouldn’t be noticeable because we’re adding a backsplash), and I even bought them dinner as we ordered out and I didn’t want to be rude and thought it was a nice gesture (they ended up not eating, just finishing the job, and took their food for the road).

Hopefully it won't eat into my REI income/cash flow.

Property taxes may be higher (depending where you buy), but condo fees eat up a lot of your money.