I have a great credit score and a good amount of money saved.

Flipping could also work if you want to be more active and use hard money to get in with less cash upfront.What feels like the best fit for you?

In the next 5-10 years, I plan to leave my current industry and transition to real estate full-time, so I’m especially interested in how this could impact that goal.Current FinancialsRoth 401(k) Balance: $105KContributions: $79KEarnings: $23.5KSalary: $109KContributing 6% annually ($545/month), with a 100% match for the first 3%Investment Growth Assumption: 8% per yearCurrent Rental Cash Flow (Pure Profit After All Expenses): $7,500/month (9 units)Potential New Property Cash Flow (Pure Profit After All Expenses): $1,300/monthCurrent Real Estate Portfolio Value: $1.4MAfter New Property: $1.7MWithdrawal Breakdown ($60K)Tax-Free Contributions: $45KTaxed Earnings: $13.4KWhy Only $13.4K Is Taxed and PenalizedMy Roth 401(k) balance is made up of:Total Balance: $105KContributions: $79K (75.24% of total)Earnings: $23.5K (22.38% of total)When withdrawing, the money comes out proportionally from contributions and earnings.

But I didn’t need to worry–they had a lot of money!

I don't like anything that loses money every month expecting/hoping that I will make it up with appreciation.I don't know that it is "losing money". 

-The other heirs didn't sign any documents to sale the property or received any money.- The property is now worth over a million dollars now. 

I was thinking - go ahead and sue, when discovery comes into play and they have to testify under oath (for example were they raising money properly and how were they managing money) - many will not want to answer that question while on the stand. 

I Enjoyed the extra viewpoint.

Housing prices the way they are and cleaning fees can anyone make money on str in long beach if they get in the game now? 

I almost always invest extra time verifying these critical areas, which is key to maintaining the high standards our clients expect.