Painting, plastering, refitting out fixtures and fittings, windows and doors.

My concern is that you seem to be out of country.

Or are you using an SBLOC to bring $500k and then bringing another $200k in cash out of pocket? 

I am willing to pay to leverage their connections, especially considering I am looking for my first out-of-state deal.

I’m a fan of harvesting the equity to buy more and more cash flowing properties with zero out of pocket cash for down payments.

Are you wanting to grow a portfolio of rentals without coming out of pocket to acquire each?

I operate out of Nevada so have known of Anderson for many years.

Should I use 401K to payoff mortgage and have that $2,000 as income OR take 4% of that 401K (only 8K) as income and keep the mortgage? 

That's not what I singed up for but maybe something. well if you can  keep the other note holders from going nuclear on marco maybe there will be a work out etc.. one thing is for certain though putting him out of business will not get you any money back..

I got an extra $30K in value out of it.Appraisers don't use the PPSF because it is grossly inaccurate, despite common belief.