Owner gives me a maintenance deposit and I draw from that and if that empties they replenish or I deduct from rent. 

If you can get 1.1M at less than 7%, take it and buy some properties where you can value add in renovation and then refinance to replenish your cash. 

It sounds like you want to replenish your cash, do this tax free by performing a cash out refi. 

You can always make more money but you cannot replenish time. 

@Tyreek King-El you can tap your CAP-EX and whatever reserves you have for vacancies - as long as you replenish as needed.

If you have a CapEx reserve fund to pay for replacement of that broken water heater, then good for you ... however, that reserve fund will eventually be depleted to zero if you hold for a long enough period and never replenish it.

Then keep trading up when the opportunity presents and then replenish your sold SFR rentals with the velocity of money.I have heard this argument and have had this discussion with investors.

And to prevent the well pump from pulling up dirt and clogging up the pipelines (which it did once already) and risk burning the pump itself a sensory shut off was installed at the pressure tank to stop the pump for 60 minutes at a time after it senses low water to allow the well time to replenish.

It was said to me, if I only pull my contribution amount and replenish it back before the next tax cycle I will not need to pay anything (penalty/early withdraw) on it

Once we replenish our savings a little, we will go for the split.