You could then go ahead and sell it at full (ie. lower) MARKET cap rate, which arrives at the nicely increased figure of $1.2M! 

Rent out your current house and invest that money by paying down the mortgage of the rental house or finding a new investment vehicle for your future.  

@Jeff Thompsonwhen you sell investment owned by the IRA - the gains are sheltered from taxes (because IRA is tax-deferred vehicle) and when IRA-owned investment produce income or cash-flow - it must flow into the IRA and also will be sheltered from taxes (unless the income is unrelated business taxable income). 

The main goal is loan modification within non-judicial states on NPN's and I know I can get a much better discount, a bigger turnout, and through due diligence, can be handled if a foreclosure is necessary (looking ahead of time into the borrowers background, mortgage history, source of income, The market value minus the expenses, the process of foreclosure, etc.) 

I have my real estate agent but i am looking for some referrals because I am close to making some offers and i want to make sure I have people in place ahead of time.

It should be someone who is fine with a small job if I go ahead with just the one window right now.While I'm at it, I might as well ask if there are any maintenance companies you recommend.

A 401(k) is generally the better vehicle, provided one qualifies for it.A strategy that could be used is the use of a 401k loan - i.e., a loan from the 401k - which can be used for any purpose.

By all means go ahead and evict them on your terms using your rationality.

If you already have $100k, then I would go ahead and start buying up rental properties and build up a nice portfolio.

@Joshua PotterWay to plan ahead.