(This is the tip of the iceberg; I would prefer to chat with members than fire lengthy messages back and forth.)1.

You got some solid advice above check with your lender and get in contact with an attorney like @Bob Floss II who can help setup the OA.Assuming there is no pushback from your lender, you should be able to do a quit claim deed to retitle. 

Quote from @Abigail Joanna: Do the math.

Below is how I grade neighborhoods.The Ultimate Guide to Grading Birmingham Alabama NeighborhoodsThe Ultimate Guide to Grading Cleveland Neighborhoods

Quote from @Tatum Littleton: Take a look at this BP beginners guide.

Quote from @Celine Besson: Hi everyone,We recently moved from Memphis, TN, to Montreal, Quebec.Before leaving, we planned to invest in a small house, renovate it, and rent it out (Ultimate goal would be to BRRRR).

@Daniel Vo, sent you a message but I am proof that you can start in your late 30's and figure this all out while still serving and setting yourself up to grow even more when you retire from the military.

Not my idea, this is from RichDad, but really good advice.I would suggest to do that on the side and think about a W2 job.

Quote from @John Underwood: LOLI'm certain they will add restrictions to prevent people from doing this.

Here are some thoughts on your choices:401k Loan: This can be a good option since you're borrowing from yourself, but it comes with repayment risk, especially if you leave your job.