In your case looking to larger assets where you can effeciently cost segregate to gather bonus depreciation would be a smart move.Appreciation - Where in the country is the asset class you like growing or going to be growingAmortization of the loan - What sector or even region if you look locally for funding, is going to offer the most favorable lending so that less goes to interest expense and more to pay down of principle.Have fun with a spread sheet comparing these 4 returns from your investment with the type and location of assets you find attractive. 

If you're 75 or 85 or 95, big lump sum to take that year long round the world cruise might be pretty fun. 

A trained engineer could have some fun with this if something like this went to jury or if they were called in as a witness (kind of weird what engineers call fun for most people). 

These situations are never any fun to deal with.

While this is all good and fun, I understand that there is some criteria to meet when I eventually move out and have to apply for a rental license.

Charlotte is a fun city and a great place to invest.

Details here: https://www.biggerpockets.com/forums/521/topics/1214849-dmv-...I recommend checking them all out initially, I bet you'll have a lot of fun networking!

The property was acquired with the long-term vision of capitalizing on the nearby development of a casino, expected to attract workers and residents.

This is really fun "Hunting" for both the market and the deal once you get started. 

I love the casino so I am not one to talk.