That said, if I was retired, in a relatively low income tax bracket, or a real estate professional able to offset my commission income and interest income from PML with major cost-segregation, and wanted some spendable liquidity after a career in investing - PML all the way. 

The reason people seek for distress properties, so that they can acquire the property at a low price and renovate the house aka "value add" so that they can increase the property's value and create sweat equity, then pulling the money out or cash out we call out so that investors can liquidate their money and reinvest on the next project @Albert Bui @Carlos Valencia

@Kevin SobiloHonestly not a fan of investing my tax deferred amounts in syndications that have leverage and depreciationRather use my liquid cash for those types of investments to take advantage of the tax code and use my deferred accounts for types of investments that do not have preferential tax treatment (like private lending etc)

I house hack in Ohio, and I like to put down minimum down payments to have more funds liquid for renovations and future purchases. 

Also a lot of the hard money lenders these days from 1st time flipper want to see that you have about $50,000 liquid to weather any storms, like supply chain issues from Long Shoremen's strike. 

Liquidity is dry, debt is super super high on credit/auto.

Under F.S. 83.595, landlords have 4 options when a tenant terminates early, one of which includes charging the tenant an early termination fee (no more than 2 months' rent), but if your lease agreement does not provide for liquidated damages upon a tenant's early termination, you have only 3 options as a landlord.

How much reserve capital do you have liquid, at all?     

So this plan might not cover the risk scenario if we were to liquidate in a timeframe shorter than what we've planned for.

I'm currently 23 and have access to around 40k liquid to buy a home when my lease is up in March of 2025.