Some relevant details:Located in a small, rural community2 family, side by side unitsLow cost/high rent (2% rule applies) areaPotential risks include: limited tenant base, tenant issuesMy inclination is to sell and move on, as it will take significant time/capital to get it back in good, rentable condition.

Once other tip I'd give is to make sure you FULLY understand any current leases on the property with existing tenants.

I am interviewing for some internships at commercial real estate brokers for next summer, but my ultimate goal down the road is to be someone who invests in and manages properties full time.

My ultimate goal is to acquire rental properties so that is what I seek to do first.While I've had a few properties under contract I haven't closed any deals yet.

I'm planning on getting started as a buy and hold investor in the next year - my plan is to start via at least one if not 2  back to back househacks with an FHA loan. 

Your best bet is to pay down your credit card debt, it isn't sexy but paying it down gives you a guaranteed return of 15% or more depending on your rate, that sounds like a no brainier to me. 

Well, it has been a crazy ride - but I run a Real Estate Holding Investment Company called GreyHill Capital Holdings and we buy residential multi-families throughout the upstate area.Our goal is to enter a town with potential, buy as many solid properties as we can and make it our main priority to always give our investors the highest returns possible.

Gerald, you can't personally use the property that your IRA owns, however, if your goal is to buy the property in your IRA now and use it sometime down the road that would be possible.

Personally, I look for cash flow first, because my goal is to replace my income with cash flow, but everyone has different goals.

My goal is to achieve financial freedom by 35 and I am well on my way to doing so.