Lets call that the :( side.2) And there is the happy side... passive income (syndications, passive partnerships ie medical/dentist offices) and passive losses (depreciation, bonus depreciation via cost segregations common in syndications).

What is your main goal for getting licensed?

So, taking the money out to deploy it with the goal to make LESSer returns hardly sounds good. 

I have alot of goals and even more questions.

I'll lay out a little about myself, my background and my current position so ya'll can get an understanding of who I am, my goals and what methods would best be utilized to achieve them.

I've heard investors finding better prospects in the Midwest if pure cash flow is your goal but I would also say don't take away from the value of equity appreciation in a market.

I’d first suggest figuring out what your goals/strategy is.

We bought a new construction detached townhome (think of a townhome with common areas but without adjoining walls).

That's the goal for a property.

Stay dedicated and committed to your real estate investments, keeping your goals in mind and being open to learning and adjusting to market changes.Good luck!