If you want to be completely self-sufficient, you're willing to build an Earthbag home or another building that can be earthquake proofed but can still be run without public utilities, you can spend a ton of money on a well and can have that well water processed to remove contaminated mine crap, you have a great off-road vehicle and you can figure out how to deal with the flooding without redirecting that water onto someone else's land then you can definitely live there.If it's an Investment you're after, give that up.

I have about double $80K actually, in cash, just sitting in a high interest savings account until I figure out what to do with it.

Many lessons have been learned firstly is you can’t be too nice or trusting and second is, don’t wait to figure out the refinance and cash out process and until you are almost done with rehabbing the property because currently going through a very lengthy, cash out refinance ordeal at the moment as I’m trying to get financing terms finalized as we speak.

Once you can figure out how to buy your second property, then you've started beginning to master scale.But I have a questions, you said:"Our end goal is to build wealth over the next several years and leverage that wealth to buy multifamily commercial properties!"

Make a spreadsheet with current income and expenses and then figure out how long until rent surpasses expenses.

I plan to talk to both of them in the morning to figure out which is the best option for me. 

Figure out your strategy and what works best for your project.cheers! 

Quote from @Karl Kauper: The tenant should figure his own life out.

Front house wasn't bad, back house was a mess but I figured I got it for free.

This company was big name, in business for decades, nationwide product, BBB rated, every contractor who uses the product needs to be licensed with the manufacturer so we figured we we would be okay with 1/2 down, 1/2 at completion.