I have no debt and a credit score of 686 (Was a 740 but due to fraud on a store cards it was maxed out which effect my score).

@Blake MartinWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

It's probably not convenient or cost effective, but it just popped into my  head.

@Thurman KennedyWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

When you pull out equity, to invest the cash, it has a snowball effect.

Ranking of top 8 landlord friendly states and their tax rate of purchase price: 1.TX (1.81%) 2.IN (0.85%) 3.CO (0.6%) 4.AZ (0.72%, 5.FL (0.97%) 6.KY (0.72%) 7.GA (0.83%) 8.MS (0.52%)SOURCES http://capstonecapitalusa.com/the-most-friendly-8-landlord-states/ https://morrisinvest.com/blog/2016/12/21/5-most-landlord-friendly-states https://www.biggerpockets.com/forums/52/topics/175527-the-most-landlord-friendly-states?

His neighbor with also 10 acres of ONLY land sold for 60K a few months ago...However, the seller has a judgement (close to 200K) that's gonna go in effect on the 18th.

Can we move into a nice 3-4 family home and still do that effectively, or would it be better to start with something less nice and fix it up?

Hello yes how bad does applying for mortgages effect credit score because apparently i have applied for a loan on a house 6 months ago..and it fell trough and then my realtor wants me to apply with a diffrent lender since the conventional loan fell trough.. 

Not knowing your age and any family that you are responsible to effects my ability to give you thorough answers.I agree that real estate is a Team business.