New construction in 2017 and low maintenance. 1100 sq ft downtown but probably big enough for 1 kid coming soon.Our family is growing so we are considering everything - selling all and upgrading slightly, buying a slightly upgraded third and keeping the others and everything in between like: selling Home 1, renting Home 2, and buying a new home.We live in the RDU area which has seen great growth since we first bought Home 1 in 2015 for $7k down (FHA).

I guess it depends on your borrowing ability, which will determine how far you can stretch that $200+200k.  

So that will hurt your ability to scale by repeating BRRR over and over. 

The warm belt states empty buildings can be filled faster due to more pockets of growth and bigger list of tenants with expansion plans.

The tenant pays you rent but leases are generally gross or modified gross.More medical growth now is really going into more small retail centers at the street level.

You're essentially buying tenant risk OR relying on your ability to replace tenants with a strong network of commercial brokers.

I completely agree with @Kim Stofan If you can make it out to a meet up that would be good place to network and meet other like minded investors and accelerate your growth.

Info On Property:- $260k- 10 Acres, wooded lot/old growth w/pines, mostly flat, dirt road access, in between two devolved lots- Just over a mile from a classic Maine beach, in a beautiful coastal area close to many beaches and Portland, ME- HOA allows 1 dwelling, no subdivisions.- Neaby homes sell for around  $600k, and towards $1M- Property on the market for over a yearQuestions:What’s a good way to organize thoughts on a deal that goes from wooded lot to selling the home?

If you have the ability to get out to any local real estate meetups try to do that too even if this isn't ultimately where you plan to invest.

This was partially enabled by my ability to attend networking events, but also by some other work I've been doing as wellAll of this does come with a price, as most introverts will know.