Sorry I have given you more questions than answers but often questions like these require educated guesses as to what will happen in the future.

I want this to be lucrative for my parents and partner on more deals with them in the future.

I can't get a job until I graduate but, I am pretty damn confident in my financial and investment plans for the future.

In any case, the advice seems to always be geared toward future growth and planning.

Also I'm looking for a Landlord/tenant lawyer to draw up a lease and handle any future disputes @Anita Muhammad  Where are you looking to purchase?

@Jordan SugarWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

I think, however, that your strategy is more of a expert level strat, and not something I could do in the near future. 

Currently, I plan to hang on to the cash, and put it into my business savings account while I make further plans for the future.

@Paolo F.If you acquire another investment property in the future - you should claim depreciation when the units are placed in service(once the units are in livable condition).Regarding the property you purchase in 2017 - you may need to start claiming depreciation on your 2018 return by doing a "change in accounting" which allows you to include the missed depreciation from 2017 onto your 2018 return.I likely would not do this on your own.

And good luck with your future of investing Patrick.