Once that happens, the tenant is buying the property for you. 

If you are using it to buy a turnkey property which needs to produce cash flow to be considered a viable deal how does buying turnkey(Little to no cash flow) combined with HML(High interest only debt) make alot of sense financially? 

But there are tons of areas where you can buy that are not in an HOA. 

I've done a lot of research into this and believe this is for me, but am getting some roadblocks when it comes to funding requirements and my buy box not aligning.

I am not sure if I would make the same decision today.However, if you think you can purchase real estate and have a SIGNIFICANT delta as an investment, I would not cash out the 401k now to buy real estate. 

Investors buying land to HOLD for either speculation or future development can just wait until the wholesaler’s contract with the seller expires and eliminate the wholesaler “markup”.  

You lowered the amount you had/have to buy with your exchange.

Investment Info:Townhouse buy & hold investment.

@Keyshawn Johnson I'll connect via messages, but for the broader community:• What should I know about buying property in Destin? 

The type of home you buy determines the tenant you get.