Located in Crowley, LA, it fit Partner Driven’s strategy of finding homes in need of renovations that could appeal to buyers with modernized features and design.

There are a lot of considerations and maybe not one solution fits all.Normally I say don buy condos for investment. 

I check if it's value-add (get paid later) or turnover/freshen up/up rent (get paid sooner) and see if that fits the next rung on my ladder.5.

Literally, there is no best option, only what fits your goals based on the info we know now! 

You can take a distribution from the IRA, pay the taxes (plus penalties for premature distributions), and then use the funds as you see fit.

Two things:  1) You must find a real estate deal that fits your needs, so expect to have some due diligence here. 

If this young person has no interest in RE, BP may not be the right fit.  

If you decide they're not a good fit, then vacate them and release with new tenants that you actually correctly screen and lease to. 

I just write the property address on the receipt.I couldn't fit a different credit card for each property in my wallet.

Something else to consider is that once these properties are paid off, you could cross collateralize to purchase additional properties that fit your buy box so that you may not need to bring cash to the table for a down payment.