Hey fam!
I'm Daniel, a complete newbie in this field, to be quite honest. But my background and experience is in Business Development, and Marketing Strategy in close integration with sales, so I figure I at least h...

Or do I cash out the 401k, take the penalty, and have freedom for financing?

I've always been a bit of a "job hopper" and have worked in several different industries over the years (eg. healthcare, insurance, bartending, audio engineering, project management, adult corrections, and other security work).

Wishing you nothing but success and freedom ahead.

Hello All, I am new to real estate investing and looking forward to learn from you all here from the bigger pockets experts and members and reach my goal of financial freedom in next 7 to 10 year time frameRegards DY

Additionally, Memphis has a strong rental market with steady demand, which is crucial for single-family and small multi-family investments.The city is also known for its diverse economy, including key sectors like transportation, healthcare, and education, which support job growth and, consequently, rental demand.

In the time that I've been involved with the group, there are 2 aspects of the group that I have found invaluable to me in my pursuit of financial freedom: 1.)

Lubbock has a low barrier to entry and has several backup economic drivers by being the primary hub (agriculture, financial, healthcare, material goods, transportation, entertainment) for an area the size of most states east of the Mississippi.

Some investors opt for larger homes with more bedrooms, while others convert existing residential properties to fit more people comfortably, ensuring they meet safety and accessibility standards.One thing to consider—smaller operations like RAL often rely on word of mouth and local reputation to fill rooms, so community engagement and relationships with local health care providers are key to success.PS: Fun fact—by 2030, it’s projected that more than 20% of the U.S. population will be over the age of 65, which makes senior housing a high-demand sector for decades to come. 

Maybe the freedom or ability to reinvest that it provides you?