Right now, even if you have no reserve money saved, if a bad situation came up you could tap that 401k to cover the situation. 3.

@Zen Johnson pre-Covid, pretty good overall.

There are multiple fix &  flips All around both areas from pre-foreclosures to prior swatted homes.  

Cover your bases for starts and then get legal advice. 

This is my pre-retirement preparation.

Getting into the house and house hacking at the very least (when done correctly) puts you in a better position to save more aggressively especially if your entire housing payment is covered.

Our existing properties will appreciate significantly, and we have equity in 2 of the 3 properties.

Bad news you may also have to cover your own commissions. 

I will potentially move into one of the units for some timePurchase Price: $1.98MAssumable Existing Financing: $1.18M @ 3.48% ($5,563/month) Seller Carry: $300k @ 3.5% (5-Year Term)Down Payment: $525k (Buyer to Bring)Buyer pays all closing. 

Nationally, the levels of pre-existing home sales are back at 1995 levels mostly because of the interest rate conundrum, so I'm interested to know what's happening in your area that high rates are causing more people to sell?