If they just represent first time single family home buyers and aren’t constantly finding off market properties and reviewing deals, you’ll find a better investment through someone else. https://www.kiavi.com/blog/out-of-state-real-estate-investinghttps://learn.roofstock.com/blog/out-of-state-real-estate-investing

@Jerry Chilimidos,Here is a list of lenders who specialize in lending to IRAs and 401Ks:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...I don't know where your rentals are located and how they are performing but selling might be an option vs doing cash-out refi.I would certainly consider option C.

I share more on splurging/saving for max ROI on my Bigger Pockets Episode (933:https://www.biggerpockets.com/blog/real-estate-933), if you haven't listened to it already.

Which is why I think house hacking is best for 90% plus of new buy and hold investors.I wrote an article on this a while back that goes into more depth and you might find that helpful: https://www.biggerpockets.com/blog/get-a-loan

Check out this BP artile for more info: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

Great beginners guide: https://www.biggerpockets.com/blog/wp-content/uploads/2022/08/Ultimate_Beginners_Guide_BiggerPockets.pdf

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

Here's a guide that describes what good cash flow looks like and how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...

In addition, studies have shown that public REITs outperform private real estate:  https://www.reit.com/news/blog... 

https://www.parealtors.org/blog/pennsylvania-population-chan...Pennsylvania is the fifth largest state after California, New York, Texas and Florida.