@Kelly Layne I have never run into SF to be an issue, the one challenge I have had was no comps in the area at all that are model matches, or similar properties where the appraiser feels comfortable in giving a full value.

Wells was able to match rates and fees to other lender, avoid appraisal and close in 2 weeks so that was part of why we were thinking of using Wells Fargo but I will consider, as I agree with what you said 

Does your employer off a 401K match, if so, I would definitely do at least that into the qualified plan at a minimum as that is free money.As for the rest of it, I'd say it would depend heavily on what type of real estate your looking at, are you looking for cash flow now, long term appreciation, are you making too much money where you need the tax benefits.   

Make sure to make a distinction.  

Once you have that nailed down, then look at properties that match that criteria to see if the numbers work.  

But make sure you understand the distinction that @Dave Foster points out when he says "Because it is a converted investment they will have to prorate the gain between the period they lived in it and the period it was a rental.

I have also been putting 10% pre-taxed income into my 401k and have about $4k in that; 6% will be matched following 1 year of employment, in August 2021. 

I have also been putting 10% pre-taxed income into my 401k and have about $4k in that; 6% will be matched following 1 year of employment, in August 2021. 

The IRS doesn't know what your expenses are.If you get a 1099 for the gross revenue, and don't report it, you're going to get a love letter from the IRS (CP2000 matching notice to be exact).Keep in mind taxable income is not the same as cash flow. 

Once you have established your primary revenue driver choose an asset class that matches your goals.