You're probably looking at 40%ish of that profit going to taxes including ordinary income fed and state, Affordable health care Act surcharge, and self employment taxes.

After leaving engineering to attend business school in Philadelphia, I opened a health club in downtown Philly.

His health has taken somewhat of a toll on him but his son fully manages them to keep the money in the family, which is an added bonus.

We moved to the Houston area 10 years ago having faced a similar dilemma in California.  

Our dilemma is, when we get back to MO should we use our money to put 20% down for our new home and then have enough left over for another down payment on our first investment or not put as much money down on our home and have enough to maybe buy 2 or 3 investments?

Buy a subway, pay franchise fees and taxes and a mortgage and employees and social security and welfare tax and have to pass health code inspections and pay for supplies you may or may not be able to sell and pay insurance and the list could go on forever. 

Then (hopefully in 5 years) when we make what the higher earner makes in a year (factoring in health care and other add on costs) the other quits to focus full time.

I work full time as a corporate sales rep and also have a health and fitness/coaching business on the side.  

Outside of that, my main interests are health, reading, and traveling.  

Also just want to say thank you for responding about my daughters health.