You have to decide what you want to do.

@Ben IsraelIll let you know once I decide on one!

I'd recommend to visit both cities and meet with as many RE investors as you can while you're there, decide which one you want to buy in (or pick a part of town you prefer for each city), narrow down what type of property (if you need a loan- talk to some different hard money lenders about your plans), and start working with a wholesaler or realtor to help find your deal!

If you still live in the property where you have $200k in equity, you can get a HELOC (there are some banks and credit unions that offer 90-95% LTV for primary residences) and use this funds to buy investment properties.Couple more things to consider:- This option also gives you the flexibility to decide what do you want to do with your Annandale property in 3 years, not now.

I think that conversation should come after youve spoken with them on the phone, made an appointment to see the house and decided that it was actually a deal

We always get rid of them as the vermin etc is not worth the aggravation & how will you show it if they decide to move???

But, I have decided to put it off until I get a few transactions/deals under my belt.  

A year and a half ago we decided to fill the need and started the Meetup, Commercial Proven Profits in Columbia/Elkridge MD.

Given the positive monthly cash flow and using the "1% rule" I decided to evaluate it.  

Welcome and congrats on deciding to explore real estate!