Make sure your exit plan aligns with it, whether that’s refinancing or selling.

You have kids - do a 529 plan and max it out You will retire one day - max out your 401k yearly, IRA, Roth IRA (or backdoor to Roth IRA)You will have health expenses one day - max out your HSA From here I'd invest in Real Estate.

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If you're planning on managing the rental unit yourself, you'll learn a lot about owning rentals pretty quickly.

@Jay Hinrichs i'm not planning on scaling this model very big.

Hi Perry, getting an LLC would be smart if you plan to scale your portfolio.

@Krystal Stone I would be sure to check and see how many clients (youth) they are planning to house at one time.

If I find a property in the Denver area, I plan to house hack although Denver's price point is a hurdle for me so I'm leaning towards long-distance opportunities.   

Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.

@Eric Gerakos In theory that's the plan.