@Ryan Swan Thank you for your tips as well.

@Ryan ThomasRetain receipts, maintain a log (who, what, when, where).Doing the above doesn't necessarily mean the trip is 100% business, but will help substantiate the parts that were business.Also, it's very possible some of these expenses will have to be capitalized and won't be able to be "written off".

Hi Pavel,Great choice!  

I don't know if you own a home or not, but I would say putting the money down and paying off debt on your personal home could be a smart choice. 

PASSIVE real estate investing and once you make that choice, then decide which of the multiple paths down those tracks to take. 

Thank you Maureen, I can't comment on your areas of choice, never been to any of them! 

@Heath Ryans thank you for your thought out response.

House-hacking is a great choice, but usually with a higher buy-in in areas you'd want to live (Midtown and Medical District have a lot of these types of units). 

90% occupancy, that’ll definitely cover the note and expenses (assuming you bought right).Nice might be right for you’re choice of living conditions, but not always the right choice for your investments.

@Heath Ryans Hey Heath sorry for the question being vague.