Going from $0 - $25K interest is neutralGoing from $25K - $100K you have a few exceptionally high leverage and powerful options (house-hack, job switch, side hustle, etc.)Going from $100K - $1M, you have compounding and CAGR on your side. 

@Marquez Robinson I certainly won't tell you what you should or shouldn't do since I don't know you but here is the advice I offered my brother in law when he was in a similar situation getting out of the Navy...Go to a trade school and learn a trade - plumbing, electrical, HVAC, welding, whatever floats your boat. 

Also look at easements (especially on the vacant land) and factor in parking driveways, will the city let you curb cut for additional access if needed or are you stick with what you have.Also look at the number of parking spaces needed for new builds vs what you have (will a new build trigger anything there), and consider if enough electrical is available at the site for new buildings.Is there a Town Approval Board or some other such PITA process you must go through to get building/remodeling permits, and how much control do they have over your actions (plus how long do they take to approve, and is it "The Old Boy Network" to get approved (???).

The VA loan is such a powerful wealth building tool when used correctly.

Its no secret that bigger pockets is an absolute publishing power house. 

I see you work in the electrical field - good trade to know when it comes to buying rental property!

I have always known the power of real estate investing but the navigation of its possibilities personally have been often halted by lack of money and career searching in a financially unreliable industry. 

I work as an electrical utility worker, credit score is 730.

House hacking is certainly powerful so I'd say why not both?

Dealing with drunk people on vacation is more of a concern than the electric bill which it will cover no prob