Never invest in any city on Neighborhood Scouts' list of the 100 most dangerous US cities - https://www.neighborhoodscout....Low operating costs - High operating costs can turn what appears to be a profitable property into a money pit.

You have decent money, and I think that can be dangerous, because it can allow you to be sloppy and avoid fine tuning your abilities.

I think there is danger in believing just because someone is a self proclaimed investor friendly tax professional, that they are any more qualified than the next person.

Personally, I think mixing business and family can be very dangerous. 

SFH, multi units, duplexes, office space, industrial space, vacant land, and other real property held for productive use in a trade or business is all like-kind to each other in the 1031 world and can be exchanged for other real property in any of the 50 states and most territories.  

For my job, I'd be driving around a decent amount every day, but since I don't know for sure if I'd end up in Knox I couldn't even say what my territory would be.

It can be very dangerous paying for a listing without knowing what terms you are going to be required to agree to.

I did have one case where the government joined in the three cases over one because of a dangerous precedent being set. 

Truly opened my eyes to a new deep desire for income far beyond the middle class and it shows the harsh facts about why middle class pay is a very dangerous life to live.

The more productive exercise is to compare a leveraged syndication in an IRA to some other investment the IRA may make, and determine which will produce the best balance of risk and reward appropriate to your savings goals.An IRA is not subject to the extra tax associated with the Affordable Care Act.If your CPA is not familiar with this territory, seek out a professional who works with non-profit and tax-exempt entities.