A little background about me: I'm a 24-year-old university graduate making a decent salary, but don't have much at all in my savings.

I am 22, and my wife is 20 years old, we have about $16,000 saved up, and would like to start investing in real estate, to build wealth for us now, and for our future.

There are cheapo AMCs out there, and the lender can pick the AMC, but if you go this route to save $75 or $125, please don't make a thread complaining when the appraiser does a half-arsed job and the property doesn't appraise - that's a "you got what you paid for" scenario.

In order to save in taxes can you sell both properties as a package deal but allocate more of the sales price towards the dollar store property that is eligible for capital gains?

In Newport Beach, we're better off targeting millennials with good jobs because they typically are too busy working, still saving for a home and are thankful to have a nice place to live.

If you give them a longer lead times you might save a tiny bit of money.

We're currently saving a good chunk of our incomes each month for a down payment on something and we also have access to a line of credit if needed for potential rehab costs.

I just hope you plan on saving money from your free rent to purchase another property like this in the future. 

I'm sitting on about $6K total after saving for quite some time, and I want to know who has had any experience pairing an FHA203(k) with one of the 1% down payment mortgage products available through FreeandClear Mortgage, Guide Mortgage, or MLS Mortgage?  

A personal home is a lifestyle choice not a investment and will effect your ability to save for investing.