@Jesse Scroggins  Is it me or are you off a digit? 

It would leave your net worth really skewed into one asset and class of asset. 

boils down to real estate is a long play and people have tried to turn it into a liquid asset which it is not.

Even if you had 5 or 50 rentals you could still have one bank account. wehave 60+ assets and have one bank account. 

Loan interest is deductible based on the use of the loan, not the asset securing the loan. 

This doesn't mean you should because out of state investing for a newbie is difficult and if you listen to the wrong people can really burn a whole in your pocket.That being said, if I were you, I would likely diversify my assets.

Many people in consideration of #2, take steps to protect the assets so that Medicaid cannot take those assets like a home.

Also assuming your practice is going well, consider talking to asset protection attorneys.

There is an exemption for a “crowdfunding” type of retail offering, with limits on how much of their net assets an investor can contribute.  

On the other hand, if you ever had a spouse or ex-spouse who was hiding assets in LLCs you might understand the need for more transparency in these transactions.