My primary goals is to create some passive income through rental properties, either single or multi family homes, to start building wealth to secure my financial future and stop working full time to have more time to pursue my passions and enjoy life with family and friends. 

My question is- am I better off continuing to save and buy something bigger/better later down the road OR do I jump into this as a temporary primary residence and future long term rental? 

I am deliberating two possible scenarios for myself in the future to continue down the path of working for my self and family as well as investing.Scenario:80k-100k cash on hand not in a rushOption 1 potentially:Find a older duplex 30-40k for cash with a higher estimated arv than the projected rehab, rehab property, rent, refinance.

Good evening BP, I was writing up the agreement for my future Contract Assignments and came across the possible necessity of an escrow agent.

I will not use the line of credit but I do want it for future auctions after I buy my home and rental.

I will not use the line of credit but I do want it for future auctions after I buy my home and rental.

I will not use the line of credit but I do want it for future auctions after I buy my home and rental.

You can not predict or anticipate what may or may not happen in the future.

Take this how you want.Best of luck in all your endeavors,Keaton  

As Fed has a plan to keep increasing rates over the coming years, I don't think I can refinance this even if this condo complex has less than 50% investor owner in the near future.