I am currently just researching and want to attend and observer an auction soon.

Hello @Jesse Rathe,So we are on the same page, I will assume that your goal is financial freedom.Financial freedom is more than just replacing your current income.

These are the only units that currently do not pay utilities, which amounts to about $250 per month per unit.

Currently I own one house which is my primary residence. 

Hi everyone - I currently have an investment property with a 150K+ mortgage of 7% interest.

@Aaron DavisI'm sure you know your business better than we do, but the question is why is there only 3 of the 8 units currently occupied? 

Given your situation and concerns, here's a breakdown of considerations and advice:Pros of Renting Out Current Home and Buying a New Primary Home:Living Condition Upgrade: Moving to a larger, newer home with boutique features can improve your living space.Rental Market: West Town in Chicago generally has a strong rental market, which could provide good rental income from your current home.Portfolio Diversification: Adding another property to your real estate portfolio can enhance diversification and potentially increase long-term wealth through property appreciation and rental income.Cons and Concerns:Interest Rate: The current interest rate of 7% on a new mortgage is high, and there's uncertainty about future rate decreases.

Hello - I found a very compelling investment property and the agent and her preferred lender are suggesting that the VA loan currently on the property is assumable by a real estate investor.

I've got the credit and not too many loans currently so I should qualify.

So keep an eye out for the opening of an estate, presumably in the state where the owner currently lives.