Hi Lynette,It’s great to have 20+ years of experience in residential construction, drafting, and design those skills will serve you well in flipping homes or building rentals.

House hacking is an incredible way to live affordably while building wealth through real estate.

@Thea Chard Rentvine has no mixed-use building type. 

I would love to get a property in the NW DC that is run down, add additional floors and then make it an apartment building.

That is a great nest egg to build upon, and it diversifies your wealth.

I refinanced a different building and bought another building with the proceeds.

@Aaron Washington wind insurance is a must unless you have master insurance in place that covers your building.

The location is in a booming area of McAllen, Tx with almost nowhere else to build and rents have blown up the last few years.  

After years of focusing on my career and building financial stability, I’m ready to dive into real estate investing and start creating passive income and long-term wealth.My short-term goal is to purchase my first duplex or single family rental. 

Just want to mention that sometimes it works out better to raze an existing property down to like 2 studs and rebuild around it so that it still is classified as a remodel versus a complete new build.