Purchase price: $90,000 Cash invested: $18,000 This is my first buy and hold property.

@Heather Rummel congrats on your new purchase!

You made a good choice and if you have any questions, please let me know.

Do we continue to invest in the area by purchasing more vacant land?

I've progressed from owning fixer upper duplexes in the north end of Winnipeg where I would do the renos myself late into the night; to purchasing large apartment buildings to acquiring properties in 13 different cities across Canada and the United States. to now buying office buildings and institutional-grade grocery-anchored retail centers leased to national tenants and publicly traded companies like Walmart, Safeway, and Loblaws.Before 27, I achieved lean FIRE, all thanks to the inspiration and fundamental concepts from the BP podcast and the incredible people I've met along the way in this entrepreneurial journey by betting on myself, committing to lifelong learning, and nurturing an insatiable curiosity.If someone like me, who barely made it through high school and would be considered "unlikely to succeed" by my peers, can do it, so can anyone reading this.

Talk with them before the purchase to make sure they can help you with your goals and they are a good fit.

I normally purchase very cheap homes, remodel, refinance and rent.

Now are considering purchasing out there to become part time "snowbirds".

@Andres Safady now that you have a market, recommend you figure out the property Class you want to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Most of us have limited capital so we making these choices aren't easy but my suggestion is do both.