A lot cheaper, quicker, and easier than trying to get it re-zoned.

Finally, the plans are often quicker to setup and cost less money over time especially compared to most IRA LLCs.

It gets me out quicker and I don’t have to hold the entire project.

Honestly, you get your answer much quicker if you run a few keyword searches.

It makes it easier for you though to do your evaluations and make quicker decisions. 

But if you roll your equity into your home, it's alternative cost will the your new mortgage %%.So, this way your $195Kwill be working with your new mortgage rate while it could be paid off by your tenants and get sold when market is very high again.Tenants usually complains about everyday problems: A/C doesn't work, toilet clogged, facet is not working.All these cracks etc - it's the owners problem and Tenants seldom worry about that.Bottom line: I'd use $195K in investment property if it gives you more return than new current mortgage rate.But you have to factor PM even if your wife does it for free.If the ROI is less than the rate - sell it and pay less in your mortgage.ps I think using leverage will get you to your goal quicker than paying off all mortgages....but each their own

I am not afraid of work and I look forward to it, I’m just stuck wondering if I should not be patient and get a smaller deal quicker, or be patient and save more to get a Bigger deal later.

The 20% down option might get you 5 properties quicker, vs 1 bargain property with all cash, repeated). 

If you concentrate in one area I believe it can be done much much quicker...I would rather look at 10 in great detail than do 100 walkthroughs. 

If you don't have the time to find repair people or the network, then a property management company will have people they can get out to repair the property probably quicker than an individual can get the repair people to respond and maybe at less costs since they deal in volume.