As a result, I'll be selling my house and using the gains to put a down payment on a secondary house next to my current rental property.

Do you recommend me buy a house to fix or buy another house new for me and use my current house for rent and move to the new one?

Compare their projections to the owner’s current level of operations.

This is what I currently do too.

I noticed you do not currently have any REO (real estate owned).

having a team in my current market has been key. a runner maybe something I need to add.

The current owner is getting older and needs to move back home (according to family) towards my hometown.

Orrr I could sell it and get about $150-160k in cash to invest in in stocks or in a larger property closer to my current residence.

Source: WikipediaFrom this initial list, eliminate cities that do not meet the following additional requirements.Minimize total capital required (to achieve financial freedom): To replace your current income, you'll need to buy multiple properties.

A key step in all of this is to understand what the zoning of the property is and what is allowed.Does the current/future use of the property conform to that usage.