I'd love to reinvest all the money I have in there, but it would cut my pro forma cash flow by 2/3 and give me almost no buffer if I needed to drop rents at any point over the life of the mortgage.

He wants to put his $200k profit down on a huge fancy home (to make his wife happy, I’m sure) and pay a mortgage while working a 9-5 the rest of his life.

They also prefer that you remain in the NACA purchased home for the life of the loan.

Which is a shame in itself, but everyone had a different situation in life. 

It has been life changing for me, now I have enough equity to invest and almost ready to make my first investment purchase.

Trying to find Rockstar agents, lenders, contractors, and property managers to get my invest life off the ground.

They have been paying us a minimal amount of rent over the past 2 years, while living in our investment property.My parents' health has been deteriorating and we're planning on having them move in with us, as to have them closer and provide the care they need. 

that is awesome mate getting into the game this early in life is an adventage on its own mate. to help answer your questions?

Sounds like the property was condemned and razed due to health/safety concerns.

I've been interested in real estate investing for several years, but didn't want to take the leap until life had settled down a bit (getting married, transitioning out of the Marine Corps, etc).