With zero rental vacancies and living frugally, I will have a 1 million net worth at the end of 2026 (this takes in account that my real estate appreciate 3% each year and I have my cash reserves in a high interest savings of 1.9%).   

So this month I’ll be debt free, and I’ve been thinking about how I’m going to save money for my first purchase.

Morning BiggerPockets world.I am currently on the first R and trying to plan my renovation in a way that maximizes my appraisal ( as expected)...I have the opportunity to save about a grand on my rehab by having a used HVAC system installed. 

With the inside cosmetic reno, we raised the rents from $750 to $1200, so maybe you can save the money for something else. 

I have been saving since I joined, I am almost at 50,000.

If you know how to use excel, that is another option... and you can create it based on what you want to spend/save/invest based on your own percentages 

It's a quick way to save thousands getting the house ready. 

I usually get my buyers to use them for the first property and save the FHA for later.

Obviously I know learning how to do this stuff will save me tons of money down the line, but I'd also like to maintain a professional feel to our house, and have professionals work on anything broken.At the end of the day, is this ok?

Considering that you could probably purchase $800k-$1MM property with the equity you have, it's important to get clear on what you want to achieve.Out-of-state multi-family is probably the best bet for maximizing returns and minimizing costs.