In the next 5-10 years, I plan to leave my current industry and transition to real estate full-time, so I’m especially interested in how this could impact that goal.Current FinancialsRoth 401(k) Balance: $105KContributions: $79KEarnings: $23.5KSalary: $109KContributing 6% annually ($545/month), with a 100% match for the first 3%Investment Growth Assumption: 8% per yearCurrent Rental Cash Flow (Pure Profit After All Expenses): $7,500/month (9 units)Potential New Property Cash Flow (Pure Profit After All Expenses): $1,300/monthCurrent Real Estate Portfolio Value: $1.4MAfter New Property: $1.7MWithdrawal Breakdown ($60K)Tax-Free Contributions: $45KTaxed Earnings: $13.4KWhy Only $13.4K Is Taxed and PenalizedMy Roth 401(k) balance is made up of:Total Balance: $105KContributions: $79K (75.24% of total)Earnings: $23.5K (22.38% of total)When withdrawing, the money comes out proportionally from contributions and earnings.

John T Reed, a well-known real estate investor with excellent scruples and a strong moral compass, explains it well in his article.

Quote from @Mackaylee Beach: BP is an excellent platform to expand your knowledge and continue to grow.

Here is recommendation for you to find your team.Go to the top of this page and click on AGENTS, LENDERS & PROPERTY MANAGERSFrom there you will be asked a series of questions then you'll be matched with 3-5 pros in your area. 

I am looking at some Repository list properties, due to these being on this list it is to my knowledge since they are from judicial sale they will be provided with a free and clear title.I am noticing 2 things on some PINs either the pin is for a "improvement only" (trailer, garage etc) or the name on the repo list does not match the most recent on the GIS pin.With these situations does that mean if its improvement only you would only own the trailer for example and not be able to do anything with it as the land is still theirs? 

Quote from @Collin Hays: I got a chance to read this over lunch today, and it really hit home some excellent points about investing in real estate. 

How can I accurately predict what a property will rent or sell for after renovations, especially when comparable properties in the area do not closely match in terms of upgrades, size, or features?

My goal is within 5-10 years to be making a monthly profit that matches our household income (currently 6.5k USD monthly but will likely increase overtime).

I have always used an excel spreadsheet to track/categorize all my purchases and then sent it to my accountant to prepare my taxes.

You must have excellent connections, industry knowledge, experience, and project management skills to achieve this outcome for those numbers.