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. 

We buy by the case, pallet even on places like HotelSupply, HD Supply, etc. 

Are the other properties you're buying in/around Macon? 

Does anyone know if buying a condo in Miami is a good idea?

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”.  

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.

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? 

If you had 150k you could buy one 400k property with 8k property taxes that rents for 2500/mo or you could buy two 200k properties with say 3k property taxes per month each renting for 1800.

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

Focus and consistency are going to be your best friends.Also, I wouldn't tackle buy-and-holds right now unless you currently have a high cash flow revenue stream in place.