I would like to take 200k out of this property to purchase a new investment property.  

Unit 2:  4 Bed/3 bath pool home, purchase price $449k (with seller credit of $15k towards new roof).

I think being emotional is great, it means you care and you got into the business to make money and to provide safe affordable housing to people who can't purchase a home.  

Hello,I am attempting to purchase an investment property in a location that I do not live in or work in.

That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.

Most of the established builders usually have no shortage of land to build on, which they have most likely purchased below market value.

Hey @Marv Edelstein, as an agent you will need to begin building your identity as a trusted advisor in home sales and purchases.

White comes in 10000 shades, trim, floor, exterior, mood, room, available light all are part of paint choices.

Why do you think purchase contracts are so long and have such small print?

As an investor, you should only make numbers-based purchases.Also, agents are only transaction-based - if they make a mistake (or choose to take advantage of your naivete) they still get their commission check and can disappear:(So, a great PMC is often the best choice to start with, since they obviously know the rental market and they have to deal with whatever they help you buy, on a daily basis after the purchase!