However, are you planning to do a 1031 exchange, or is this a primary residence? 

IF you plan on going back someday, and this is the home you want to move back to, then renting it would be a good idea as long as you estimate that it will cover itself, or preferably, cash flow, which it appears that yours will at @ $2K or so per month (after expenses). 

I've never taken one and don't plan to, but good to hear from someone that went through it.

@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.

l plan to use that money to start investing in real estate.

If you're working on other projects during that time, it could create an issue, as it would for any employer.Why not be upfront with your boss and let them know you're planning to get your real estate license?

We never planned to keep our new build for 30 years, which is why we would have never used your cap ex valuation. 

We have reported him to several places and plan on continuing to report him to other places. 

If you are planning to invest in MF, the 2-day weekend Sumrok training is very helpful. 

@Jerry Zigounakisi'd pick a market close to you, or one you have strong ties in, rather than trying to get to one via math.can you invest where you live, or 1-2 hours from where you live, or where you like to vacation, or where you went to college, or where you plan to move someday?