Three months in, my buddy who I rented a room to fell asleep with food on the stove and caught the house on fire. 

@John Bell congratulates on the good news about the baby!

The last few times the government has just found ways to make loans almost free and they have handed out trillions of dollars in cash, driving inflation up and making everyone suffer without even knowing it is happening (somehow the government says inflation is minimal, but they also count the price of things like flat screen TVs into the equation and not food that the government doesn't control the price of with the farm bills).

@Zack Karp It's definitely food for thought.

We will be using this as our first owner-occupied property, but my issue is that I am currently pregnant with baby #2 and we have a 13 month old.

That would go straight to my daughter's piggy bank.The remaining $2,530,349.00 would go into a mixture of Real Estate multifamily/hotel deals in Cincinnati, my wife's gofundme account...the "hey baby can you go fund me a new pair of shoes?"

It's faster and you're going to waste money on a lawyer anyway.. just food for thought

This can be a bit more subjective e.g. is there a Whole Foods nearby, is it in the path of progress?

Everything is in walking distance (grocery stores, coffee shops, fast food, 7-11, Blimpie, CVS, Walgreens, Tire shops, Car mechanics, gas stations, small restaurants). 

Besides food and my truck insurance none of my monthly expenses are critical.