However, I do know 2 investors who have purchased 70+ unit properties via seller outreach, but it takes time.

some like to fix and flip some like to hold for cash flow, figure out which you like and take it from there  Monthly...so guess rentals.

But in reality you might just want to think about using a standard savings account And taking a hit from inflation on the cash because the delta from the higher interest account to the regular account is not really that much on small amounts.

It is very effective in and of itself so it is something that can be done reasonably cheap without taking a ton of time.https://www.greengluecompany.com/

Should I use 401K to payoff mortgage and have that $2,000 as income OR take 4% of that 401K (only 8K) as income and keep the mortgage? 

Keep in mind that office is down right now and it could take an extended period to fill.Try to determine why it hasn't sold for 2.5 years.

Hi @Jaycee GreeneThe renno is expected to take 6 months - 12 months (we have a very good team in place).

Certainly take advice from people who have done it before but their way isn’t the only way. 

The short sale approval process can take a few months from the day you go under contract.

I'd keep the rental and by no means refinance it to take cash out.