Then figure out how to spend all the racked-up points from the different sign-up bonuses to set up a great vacation?

If I do a cost segregation study for the purposes of taking advantage of Bonus Depreciation (I am considering some of the algorithm-based DIY services) anything placed in the <20yr category and depreciated 100% is subtracted from my depreciable (27.5 year) basis.

@Nick WinikoffHow many units is it and what’s the NOI - that will of course impact pricingWhile the interest rate is awesome, it is not going to drive up the price significantly as it still needs to make financial sense for the buyerIs it a bonus - absolutely but still a lot of other factors to consider

As an added bonus the location is 10 minutes from my primary residence.

Also if you spend X amount of $$ in the first 3 months you usually get some sort of cash back bonus or statement deal. 

The 120k does not include a 30k bonus at the beginning of the year, so hopefully that should allow me to buy a SFR in the 950k range?

Any market appreciation is a bonus in my mind.

Two of these three complexes are currently offering various bonuses for new tenants, up to and including 8 free weeks.)

This is actually exactly why I got my license in the first place because I thought it would benefit my investing career and to be totally honest if you don’t want to be a realtor full time and just want it to be a bonus to your investments it’s not worth it.

I like to mitigate unknowns as much as possible, if appreciation happens then that's a bonus.