<prompt> Human: Live in Canada.I am a real estate agent so Ive been pondering the idea of buying a home Cheap flat out and renting it. It would take about 10 years or so to start making money past my initial investment, and I believe I can be taxed on spending such a large sum as well. So I am not sure if that is the best thing to do with the money. Just been tossing the idea around.What do you guys think I can do to turn this into more money? I have a financial advisor right now thats taking care of some money that I already have.  <response>: You have 85k that you want to turn into more money. Thats a discussion for rinvesting.Within the realm of personal finance, the good advice is to make sure you have savings of 3-6 months expenses, pay off all high interest debts, donate to retirement savings RRSP I think in Canada?.Edit: removed US specific retirement investments. 