I have been active on this platform for quite some time now and I am so grateful for the business relationships I have created.

if you buy a property at market price in a good neighborhood - you will break even or lose money.and in general, if you're serious about this, i'd recommend going to your chosen market in person, probably multiple times, to set up your team. 

Since the S&P 500 averages around 10% annually I personally don't see a point in investing in a rental that's not going to at least beat that.

Is it feasible to finance both properties simultaneously, or should I wait until next year to sell and purchase my personal home?

You will build all the relationships you need if you go to add value and talk to people and learn.

spend time there in person. 

Hey BP I have questions I'd like to consider myself a strict person when it comes to screening my tenants recently I have a few section 8 applicants.

It is very common for the typical bank mortgage person to make this mistake. 

Check out the info at biggerpockets.com/conference but feel free to email me personally if you have more questions: [email protected] SEE YOU IN CANCUN! 

Turned into a great rental, that down the road will make an excellent personal or retirement property.