A 2-block difference could be the difference between appreciation and loss.

Use that money to put down on a real piece of property that offers tax benefits, appreciation and less police traffic.

It is much appreciated.  

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Much appreciated 

Appreciate the feedback.

If anyone has any input or advice on whether to invest now versus waiting on the market to hopefully cool off, I would greatly appreciate it.thanks! 

Thank you Zach, we appreciate the kind words! 

I suggest learning about long distance investing, building your core 4, and looking into markets that are forecasting appreciation. https://www.biggerpockets.com/blog/core-four-real-estate-team

Any advice or thoughts on the topic would be appreciated.