It's a little scary seeing I'm paying the cost of the condo just in interest after 30 years.With that said, if I want to buy another property in the next 5 years should I focus on paying down the mortgage on this current property?

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

First off, I commend you for jumping in at a young age and focusing on multi-family. 

These are actually considered to be real estate for 1031 purposes but allow you to exit traditional real estate ownership.The IRA is a powerful tool but not really applicable here. 

I use: Owner is not responsible for items damaged by the failure of the appliances or the supply of water/gas/power to those appliances, including but not limited to the loss of food.

@Roberto Ruiz I think you are so close to getting it knocked out, I would go ahead and focus on that. 

What we do is focus on the deals that work for us.

My acquisition strategy focuses on older homes in solid, nice areas.  

Potentially look for a small duplex/ quad, live in one and rent out the rest (as a buy & hold) potentially to college students with parents as cosigners of course or should I focus on raising capital while this tipping point boils down and prices drop some before I decide to go in?

I am focused, hard working, reliable, and my background is in business with a Business Management B.S. from the United States Air Force Academy.