Based on comparable listings recently sold I think closer to $650k there would be more interest.  

Quote from @Tove Fox: What are the pros and cons of each when compared?

I understand, to clarify the cash flow is not my only source of funds to purchase future deals as I am able to save a large portion of my W-2 income as well and the cash flow from the property is a very small percentage comparably.  

Right now they are "high" (compared to 2020) and people "think" they are going lower. 

And there's so much more I don't know yet compared to what I do know.

Firstly, it often generates higher rental income compared to long-term leases, particularly in desirable locations or during peak seasons.

.- Lifetime limit: The $10,000 is a lifetime limit, meaning you can only use it once for this purpose.- Taxes: While the 10% penalty is waived, the withdrawn amount will still be subject to regular income taxes.This can be a useful way to access funds for a home purchase, but keep in mind the tax implications and the potential impact on your retirement savings.

there are ways to get around the highest and you also need to take into account the savings you will generally have on the purchase side when compared to other regions. 

And at what nominal price compared to the $24mil they paid in 2019? 

- You or the PMC can get 3 bids, but who is going to know how to accurately compare them and understand if something is missing - that will require more work+charges once the project has started (a standard tactic by many contractors!)?