This middle of the road thing will leave you both wondering if the other is serious.3.

Additional exit opportunity when you sell down the road. 

At this point probably just going to go with the only estimate i have so i can get this show on the road.

A 1 to 2 acre lot with 10 houses is very high density for most areas, maybe 0.1 acres per house, plus utility easements and maybe a road.. 

I think it gives you more flexibility down the road and will give you more hands on experience with the NC properties Brian makes a good point as well about the rent control.

@Matt Hanson thanks, I have been looking into a 4 unit just down the road from me once my year is up here. 

If I purchase an investment property prior to purchasing a primary residence can I still benefit from First Time Home Owner programs later down the road?

However you need to figure out for yourself what you want at the end of the day: MFH investing will allow you to build up equity down the road through forced appreciation if you buy value add and improve it.

I think a few months down the road there will be more inventory which will lower prices.

Up the road North in Brodheadsville, if it wasn't for the expansion of the schools which have over the last years shrunk significantly in population... you wouldn't have seen much change.... still you see a lot of vacancies up and down the strip between Lehighton and Brodheadsville, land for sale for decades left undeveloped.