I am eating it out of pocket, and going to try to push it back on FEMA and any association that can work with me on it. 

The timeline depends on the lender but lenders will allow delayed financing up to immediately after closing to three or six months after closing. 

Quote from @Tarek Emam: @Jonathan GreeneHe’s been featured on Bigger pockets multiple times, look him up.

I have a client with three STR rentals in the PA Poconos. 

That way you do not have to come up with the large amount out of pocket.

@Joshua Telles  Welcome to Bigger Pockets and good luck investing!

Try interviewing at least three managers.1.

Hello, I have purchased 4 different asset manager lists over the past two years, but three were ineffective with outdated information and many email bounce-backs or returned mail.The best list I found was at RealEstateTargetdotcom; I did a successful snail mail and email campaign, and picked up three new banks and an account with LPS.I also cross referenced names on the list to see who was attending or speaking at various REO conferences, and made efforts to meet asset managers in person.

Let's say I buy a 4-plex worth 1 million with 20% down payment, I will have to shell 200k out of pocket, would it be possible and is it even a sane idea to  use up the entire IRA for the down payment and fund the remainder of down payment from out of pocket?

Welcome to Bigger Pockets !