it's not around 15th street and 5th ave SE is it?

I wish to use the MLS to find foreclosed and discounted properties so I can review all the data and comps and offer for properties accordingly before 30+ other offers are made.I don't wish to become an all out real estate agent per se, rather to gain some valuable knowledge and have access to all the tools and data that I can get my hands on to make a smart investment.

@Glenn N.The issue is trying to "change" your passive income into active so that you can pay all the SE taxes and qualify to put it into the self-employed 401k. 

Hi, @Richard Vang, I don't know your market per se, but I'd think someone could get 9-10 months out of a room like that in your area so it has a practical value and it could be a feature that is an added benefit to a renter or a buyer but I doubt it would have any actual value.

Turbo Tax seems to do a good job on the math with the SE tax.

My brother and are partnering to do some flips in order to finance some rentals  He has been renovating other people's homes for 20 plus years  And watching them sell themWe decided to do some for our selves  While we live in SE PA, we do have a property in Lexington Kentucky that we are currently renting as a vacation home   It is a SFH with 2 units.

My wife and I live in the SE Aurora/ Centennial area and are actually thinking of moving up to the Golden area some day.

@PashaMaleknia it's at Whole Hog Cafe, 1400 SE Walton Blvd, Bentonville, AR.

@Matt Michaelson you wouldn't ask an employer to do this type of deduction, because they won't per se do it exactly the way it's being described here.

Also, even though I will be investing, I don't really have a "business" per se, so until I own some properties for cash flow, I plan on working with my attorney and CPA to discuss tax strategies and what type of business to set up.