However, I’m having trouble finding how to allocate my money to build a financial base while making a move towards buying my first investment property.I’m newly debt free with 10k in savings and able to save 50% of my income.

My dilemma  for now is do I take the time to pay down all my debt and save more cash, or just go for it and use the cash flow to pay my debt down.

This saves me and staff time from driving multiple times to properties, it prevents wasting time in the event of a no-show, and I found it creates a sense of urgency in potential tenants as when they come they see other folks looking at the unit. 

It is all about how you allocate your tax-sheltered retirement savings. 

I even offered to keep the document for the community for no charge in order to save money. 

It used to be they could just pitch folks on "Save $45/mo!" 

This would allow you to save money that you could potentially invest in things like real estate, notes and private companies, however you have the peace of mind that if you need the money, it can be easily accessed.  

No rent/mortgage to pay, so you can save some money to put toward your down payment. 

This community is amazing and nationwide multifamily real estate investing is what I do all day ;-)BTW, you may or may not already be practicing this strategy but save your time driving to places you probably won't buy anyway.

I'm a newbie getting ready to make my first purchase and trying to determine the pros/cons of HML, HELOC or using savings.