I fear that the price of a one bedroom apartment (one parking space) in Lohi cannot go much higher and we have a massive inventory of apartments being built downtown these days. 

Keep in mind that there is a ton of construction up there, and not sure how long it will hold out until it turns into a "concrete metropolis", that I fear takes over up and coming areas.

@Matthew Paul - spoke to the Wife and she is not comfortable with keeping our house as a rental. she strictly thinks the new tenants will beat it up and leave it in a state where we'd have to sink money into it to fix it up before selling. also, if we hold it for a number of years, she is fearful that it will be "out of date" and we'll need to sink money into it to remodel it as well.i am more of a risk taker than her and do not agree but we have to come to a consensus.we also would likely need the profit of the current home to move into the next home - for a down payment.creative options/ideas?

This is also my first deal so I'm trying to get over my fear of investing by going big like this.As far as rents this one I'm purchasing was 158,500$ total, with each side of the duplex renting out for 750.

And/or stalk the thrift stores for similar stuff in the meantime, or borrow nice stuff from friends for a couple months.

As a part-time investor,  I am both ready to go with passion and fearful of the unknown.   

When your getting started in RE you’ll have no shortage of negative people and chicken littles in your life telling you 857 reasons why it’s a bad idea ,why it’s risky ,why it won’t work ,why you’ll lose money ..etc instead surround yourself with wise counsel and don’t allow your fear of losing money to overpower your desire to be an investor.

As I sit here planning my goals for the week I am struck with an overwhelming sense of fear, my initial thought is "Am I even capable of pulling this off?".

All of a sudden I got fearful!

Fayetteville ( Reilly Rd), then over towards the Cape Fear River, Cameron ( before the road construction) and Southern Pines since 2014.