Thank you @Dave Foster I look forward to my new venture and investing in real estate hoping to achieve financial freedom and enjoy my life with my kids and my beautiful wife that has a terrible debilitating autoimmune disease.

It is very much case-by-case and requires understanding of the current regime for personal itemized deductions, as well as gambling on the proposed changes to this regime by the current administration.

Overall, you might find that you enjoy property managing. 

Consider the family who’ll eventually live there..maybe they’ll appreciate a second-floor deck accessible from a common hallway, where everyone can enjoy it, rather than limiting it to a single bedroom.

I know not typical on here to have such a little amount in loans but we enjoy great cash flow that we live on, have lots of flexibility in what we can do and have no concern about making payments if the economy were to take a dump.

I enjoy helping Bigger Pockets members and teahing all the loopholes I have found out over the last 18+ years!

I enjoy helping investors and other BP members avoid this very thing you just suffered. 

This is my gamble.

I enjoy finding creative ways to monetize normally overlooked spaces at my rental properties. 

However, though I don't know the actual numbers it seems like the home would offer so many more amenities I would enjoy as well.