During that time, my fiance and I got married, and we already had 1 child and another on the way.

The BackgroundAfter having our first child, we decided to stop renting an apartment in the city and buy a house in the suburbs.

I also started listening to the Bigger Pockets podcast and about 13 episodes into that so plenty more to learn.I currently do own one investment property but that was starter home turned investment so this would be my first purchase that was intended for investing.I don't really know much about the rehabbing side of real estate and purchasing a home that needs some work is going to yield me a better deal but I'm really trying to get my foot in the door with one unit before adding additional challenges.

Long story short, my father-in-law ended up using our cash for the down payment, and he put himself on the loan (we are not on the loan or title of the condo) in order to get the funding from the bank to purchase.Here we are 6 years later and we’re expecting our first child and looking to move into something a bit bigger.

It's a 3 bed, 2 bath 1500 sq foot [SFH][Duplex][etc] renting for $XXX per month.

Your buddies can still room with you if you get a 3-4 bedroom unit but if it goes south you still have the other rental income to foot the bills.The beautiful thing is if you find the right property your income doesn’t even matter.

Very excited I got my foot in the door because it is the definition of a brrrr property!

parts of Charleston though are very high and compare to other markets were new builds sell for 500 to 1000 a foot.  

Tell them you heard sounds like a child crying coming from your neighbor's apparently abandoned property and nobody answers when you shout but the crying continues. 

I use this as an opportunity to "Drive for Dollars", just by foot, and decided that it was time to send out a few handwritten notes.