Doing so may give you an equity position in your current property that you can use to roll over into the purchase of another property. 

Looks like the smallest listed currently property is a 66 unit in Brownsburg. http://www.tamultihousing.com/get_listings.cfmIt's mostly relationship driven so if you haven't already I would reach out even if they don't have anything listed at the moment and get the ball rolling.

I have been told that rolling these funds into the right Roth would allow me to use them for real estate purchases without tax penalty?

I've recently purchased a rental property using cash, but planned a mortgage cash-out to roll into a second investment.

. :-) I'm looking forward to rolling that experience into the next project. 

Decided to sign up here to get the ball rolling on my passive income life that I wish I started long ago.

You need to call a local real estate attorney and get the ball rolling because no one who rents will want the eviction on their record and Missouri is not a crazy hard place to evict. 

Then the lot rent of 300 per month is a rent roll of 18,900 annualized is 226,800.  

We are on track building a BRRRR engine in Seattle/Tacoma area - and it keeps rolling. 15  BRRRR Deals in one year, in one of the hottest markets of the country.

Get the ball rolling.