I think you mean Q1 and Q2 of 2022, where GDP went down 1.6% and 0.9% respectively, the stock market was down 20% and inflation was rampant.

@Jonathan Feliciano: While I respect everyone's experiences and opinions, this is also such a unique situation to you and your potential partner.My first out of college was with a group called Phillips Edison & Company.  

There are many services out there offering similar capabilities, often at a more reasonable cost and with a customer service team that values and respects its clients.

Knowing and respecting each other's lanes is really important, as well as having the confidence in your partner that they are going to do their job and you don't have to worry about it.

Conducting tenant reference checks is crucial for ensuring you find high-quality tenants who respect your property and pay rent on time.

With any tenant, treat them with respect, but if they are in violation of the lease for whatever reason, you need to tell them and if they don't stop, then get rid of them. 

His 40-plus years in real estate speaks for itself, and his unquestionable devotion to providing his expertise, advice, and thoughts here on BP have earned him a level of respect on this site that you apparently are unaware of.He will not condemn anyone simply based off a black and white forum.  

While I haven't invested with them, I've known them and worked with them since their respective inceptions.You might also want to check out Sunrise Multifamily who recently acquired one of Whitehaven's properties.

Here are a few considerations with respect to the 401k: 1) Although you can take funds with no penalty for first time home buyer, you can't return the money to the 401k. 401(k)'s have unique tax advantages that allow for tax-deferred, or in the case of Roth, Tax-Free growth.

Also, improves your position in pricing should rent prices turn bearish unexpectedly during your vacancy time so you can be flexible in pricing in negative economic environments.Con's are more on the side of the whole concept of using the long term locked-in period with the bank essentially utilize inflation to 'short the dollar', as well as the more rapid diminishment of the mortgage interest paid tax advantage.All in all it is safer in a lot of respects to get to that property free and clear, but the major downside is missing out on the additional value that is derived from the power and monetary benefits that come from having a healthy expose to mortgage and other forms of financial leverage.