You don't provide enough data to know.Every product is only worth what you are willing to pay for it. 

Often times you will pay much more in taxes than if you pulled the money out, paid the taxes and penalty and then started investing in real estate.For example, with the financing you mentioned, the IRA must pay taxes on the portion of the profit earned by financing. 

They put one of their employees into one of my houses, and after I switched to a new property manager, that tenant stopped paying rent (amazing!)  

Now, you need to figure out how to find deals and pay for them.

Also, providing value to others at a high level will pay off for you in the end if you stick with it.

The rents from the rental pay for her room at board at the retirement home.

Quote from @Sarp Ka: Quote from @Patrick Roberts: Am I understanding this correctly that youre expecting to get a $700k property for $500k because youre paying cash?

The only “good news” is you’re paying for last year’s shortage and thsi year’s taxes, or this year’s shortage and next year’s escrow account. 

., get a higher paying job, work two jobs, go to trade school, get a higher paying degree, live in affordable area, etc...these are things that most of us did).

At full occupancy, the cash flow I just keep in reserves for repairs or help pay the principal.