When she gets her orders, I will liquidate the two properties we own together and payoff the mortgages and she will hopefully have a bigger nest egg to purchase something state side at her new duty station, 3-4 years down the road.  

Some may have an IPO or liquidity carve-outs (Softbank).  

On the other hand, too much leverage is risky if the market downturns and you need to liquidate.

Multi family is a little different so we have them sprayed every other month. 

The calculated amount must be distributed or there are significant tax penalties.My point is to work with your tax advisor to determine what distributions the account will be subject to, and to ensure that your investment strategy creates enough cash liquidity each year to meed this obligation. 

@Lane Cooper For my duplex I used an FHA loan which was perfect because it required very little money down and allowed me to keep cash liquid as I search for another deal.

Get the HELOC and in 6 months use the potential of the 401K and HELOC along with the liquid cash to qualify for a Hard Money loan to rehab the property, then refinance from the hard money into a investment loan

.* Spray-foam attic space for cut down on heat lost; 35% of heat is lost through attic.* Install electric heat in 900 sqf 2 bedroom home.* Install supplemental Woodstove in living room.       

There's not a ton of differences other than the lender will generally require double the net worth and double the liquidity amount from you.

Unfortunately, we figured out this enormous scalability after we liquidated our capital for development of what is now phase 1 (80 acres) where we thought the sole cultivation site on this property would be.