Currently, living room and dining room is one large space (open layout). 

I am currently at a stage where I have quite a bit of cash saved up but I am at a limbo where I am considering if I should keep on saving and learning, or if I am ready to start taking the next steps. 

If you are currently in a sellers market, like many areas of the country, then clear something is wrong with your deal.

Separate considerations:a) My friend works for this painter and I have been trying to pay her on the side to do the work under the table.b) I am trying to get the kitchen painted by June 2nd because I am having the cabinets installed and the kitchen is already demoed.c) I currently have a contractor working on the bathroom and she agreed to paint the kitchen but she has been very slow.Thank you for all the advice!

@Michael Mainini I'm very familiar with Buda, and we currently have an STR in Buda. 

Both properties fall into Class B- category and has no HOA and no rental restrictions.Here are the details for each property:Property 1:3 Bed, 2 Bath (1020 sq ft)Purchase Price: $250,000Moderate rehab needed (Kitchen, floor, bathroom sink vanity, light & fan fixtures, interior paint)Rehab Cost: $30,000After Repair Value (ARV): $295,000Down Payment: 20% (Out of Pocket: $50,000 + $30,000 (rehab) = $80,000)Projected Rental Income Post-renovation: $2100/monthProperty 2:2 Bed, 2.5 Bath (1168 sq ft)Purchase Price: $230,000Moderate rehab needed (Kitchen, floor, bathroom sink vanity, light & fan fixtures, interior paint)Rehab Cost: $30,000After Repair Value (ARV): $295,000Down Payment: 20% (Out of Pocket: $46,000 + $30,000 (rehab) = $76,000)Projected Rental Income Post-renovation: $1900/monthThe location is moderate, with amenities like shops, restaurants, a mall, and a baseball stadium within a 5-mile radius.Considering buying both as they are in the same building, the total cost and income overview would be:Total Price for Both Properties: $478,000Down Payment & Closing: $96,000 + $10,000 = $106,000Total Renovations: $60,000Total Price (Including Renovations): $478,000 + $60,000 = $538,000Total Out of Pocket: $166,000Projected Gross Rent Monthly: $4000The rate of interest for the mortgage is 7.5%.I am currently evaluating: A) The break-even point for two townhomes considering a cash investment of close to 32%.

Currently, I am a district manager for Build 2 Rent, specializing in new construction properties in Florida and North Carolina. 

Every investor, my self included, wishes we would have bought sooner than we did when we fist invested.If the numbers on the duplex work NOW, given today's prices and current interest rates, then you are good to go! 

I travel pitching the midwest and specifically ohio. if you think a chart like this is going to change investor sentiment I'd do some research.

I know a few good realtors in Miami that love their current brokerages if you're looking for any personal connections!