Thanks for the idea Bob, I am somewhat familiar with MLP's and it's a good consideration but I am worried about the Obama administration reforming the corporate tax code which would negatively affect MLP's overall.

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I strongly recommend all the tax advice given by my fellow CPAs.Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?

GOP House Tax Reform Analysishttps://docs.google.com/document/d/1wXgWAnxAvPcUVK2a8Ixlqvpts6pirkDZ49Jba5Cmzwc/edit

People with Bigger pockets that have active deals going and are buying in a flood zone that requires the purchase of flood insurance.In the unlikely event that the NFIP does lapse, you should be aware how it will affe...

If you give the benefit of the doubt that the three late payers will reform and not go the vacancy route, the performance is merely 54%.  

I have an opportunity to buy a re-performing first note at a 40% discount to principal The note has only 2 payments under a recent loan modification The interest rate is 5% and the principal is about 10% above apprais...

Also need to find some umbrella insurance.As for Tort reform, the granny at McD deserved her money. 

Since Bill Clinton reformed welfare, the government simply shifted "welfare" to the SSDI program.

That works.You're going to use both for productive investment use - that works.You may convert one of them to primary residence after two years ( not statutory holding period but two years is a safe harbor from Rev proc 2008-16) - that works.After you live in that property for the specified amount of time (right now it's two years but the tax reform bill may change that to 5 years)  you can sell it and take the first $250K of profit ($500K if married) tax free. 

@Sara Kirkpatrick    thanks for your comment, yes, let us hope there is solace to be found in politicians being reasonable in any tax reform even if the motivations aren't said to be altruistic.