I say this because every investment is an opportunity cost, and if you're going to take money out of stocks (whether in a brokerage account or 401k) that could be earning 8-10%, you should have confidence that your acquisitions are going to perform better to account for the additional risk. 

Leveraged houses perform 3x better then the stock market.   

This would end up getting you some tax benefits and extra cash flow that could help you leverage that into another property...maybe a 1031 exchange.

Again we are reviewing our investments, potential developments, defensive positions.My outlook is the stock market needs to come down 50 to 60% this year.  

I would like to 1031 exchange these properties into investment properties in South Carolina.

If not, I'll have a property I could 1031 exchange or just sell. 

ARCPE Aspen Funds Boston Note Co Colonial Funding Debexpert Debtx Faller Financial First Financial Network FIxNotes FNAC Garnet Capital Gitsit Infinity-Data Keyhole Financial Kirkland Group Labrador Lending Mission Capital Nationwide Secured Capital NLEX NNG Capital Fund NotesTraders NoteTadeX NoteTraderExchange Oak Harbor Paperstac Phoenix PPR Note Co RAMS Capital Reliant Financial Revolve Capital Right House Capital Right House Capital Security Financial Services Situs AMC SN Servicing Watermark exchange

This has been my strategy here in NOVA as well - though true multifamily housing stock is hard to come by as you are probably already aware.

Let’s Connect and discover ways to Work together, exchange Ideas, and create Value for each other’s Goals.Thank you, and I look forward to hearing from you!

Buying RE is nothing like buying index funds or stocks - Google it for 15 minutes, click on buy shares.