I no longer work at my career as an orthotist and spend my time investing in the stock market and helping take care of our DD foster daughter.

My ultimate goal is to continue to build my REI business and holdings so I no longer have to trade as much time for dollars as I do now and be able to enjoy spending time with my family and doing the things I enjoy most such as travel.

Same in the forums.Everything in your 3rd paragraph is out of the question, won't happen and sounds like you're getting pretty mixed up there guy.Get out of the guru stuff, all of it, don't begin with anything from anyone, spend one week with a real estate text book for agents in you state.

I would not spend too much time on trying to buy the second.

Do you have to spend a lot on renovation?

Figured I could spend the money on property instead.Jim p.

The local laws could be such that you have to spend a ridiculous amount of time getting the project approved and built.

I have been so caught up on how and what to spend money on that my business is not receiving what it needs.

Some lenders will go up to 40% (maybe 50%) for your mortgage BUT do you really feel comfortable spending that much of your monthly cashflow on just the roof over your head?

I can get a gutted double, or ran down place for about 15k, or I could spend 45k and get a rent ready duplex?