I recently sold my primary residence in Phoenix, and I am planning on turning that gain into my next real estate investment. 

I have a few CPAs and finance folks that I'm meeting with in the near future but would love to gain more info here if possible.

It will likely be at about a $60,000 gain when finally sold.

I was a high paid profession with some cash and no time so I did passive investing.

The 3 scenarios are as follows:Scenario #1: sell my condo and invest the capital gains in a market outside of California that I know well and has good cash flow.Scenario #2: refinance my condo under a conventional loan which would free up all of my VA entitlement.

I would love to gain experience and learn the business hands on.

I would like to build more capital and create a passive income along the way.

If you are going to keep your job something a little more passive might be in order.

This includes:  a- acquiring enough passive income to pay all of your monthly bills, and b - to pay off all of your personal debt.2 - To have fun.To the first reason, the order you pay it off. 

I'm a newbie, but I'm interested in investing in long term buy and hold to create some passive income.I'm excited to learn from this community and can't wait to get a few buy and hold underneath my belt.