To rephrase your question: let's assume that you already have a net loss from your rentals, and for one reason or another, you are limited in claiming these losses in the current year.

@Champ Leong, usually credit cards limit the amount for cash advances.

I only ask, as typically when people say house hacking isn't an option they are limiting their view of what house hacking is.

Build a wall around it and lock the door.Or make the basement off limits to them completely with a locked door.

Fortunatly for me I do not have any other ties to weigh me down so, I can soley focus on my business with limited distractions.

From what I can tell from the plans thus far, there will be limited "green space" or "communal areas" (the developer committed to "total green space equal to 1/2 of a soccer field") which I suspect will drive foot traffic to the local residential neighborhood. 

Once you have reached your limit you can start using commercial loans in an LLC.The LLC is a legal entity that offers another layer of protection in some cases.

Why limit yourself?

With my limited knowledge, I would consider this a C neighborhood.

Don't limit yourself and use that 220k in the most efficient way you can!