I think you're probably best leaving your IRA alone for all the reasons folks mentioned.

They mentioned they didn’t need any income.

Why do you have to wait 2 years to rent your property?

Can you email me with some investment products you were mentioning above?

If yes, I would just serve this notice and wait for 60 days for him to move out. 

With our vision mentioned above, we're allocating a whopping $3M into the complete renovation, re-brand and makeover of the hotel.THE INVESTOR: For those of you who don't know me, I'm Blake Dailey and this is my 6th Boutique Hotel investment!

I also notice that @Gregory Schwartz mentioned Huntsville in particular—I definitely think that it’s a strong market for long-term appreciation.As for your concerns about investing out of state, I think an investment strategy that is as close to passive as possible would be best.A do-it-yourself approach—where you acquire a property, place a tenant, interview a bunch of property managers, and handle maintenance yourself—is going to be pretty tough to do remotely.

Not to mention way to complicated to realistically execute.  

I don't even mention interest.I did this recently and the guy picked the higher price with him carrying the mortgage for 5 years with no interest.Turns out a probate for one of his parents needed to be done so we are paying for this.

I reached out to the seller to request details of the repair and asked why this was not mentioned in the seller’s disclosure.