The things you need to watch out for are the price you pay and how leads are distributed.

While the outcome is uncertain, to the extent our effort is successful, it is our intent to distribute any recovered proceeds to all affected.

House Hacking Strategies: Examine various house hacking techniques, such as renting out individual rooms or residing in one flat and renting out the others.

Further, we were writing about 40 checks and mailing them to our investors as monthly distributions.

He also teaches a "niche" technique, using Lease Options, which is great for a investor that is new to the business.

The investor just takes the additional reserves as an owner distribution.My personal distributions are less than 20 percent of the monthly gross revenue.

But all of this was when LPs were not diving deep because distributions kept coming monthly, an email was sent on a given day each month, and the only accountability needed was hitting projected returns, which was pretty easy in a bull market.Now, with more scrutiny from LPs and distributions not coming, those surface level emails are proving to not be showing much.  

then the why we do it so we can spend more time with family/kids.. then on and on.. these are tried and true techniques that have been used and taught for years and years. 

And I started in the land business in 75 and my dad started in 65 its a fun bizz.. in our day the land was bought generally at tax sales.. its only in the last 20 years that these marketing techniques and the how to folks started educating the mass's..

Retirement distributions are considered taxable income(Federal and state).You mentioned self-managing the rental properties so it may be that the income will offset against the rental loss.However, you will still be subject to the 10% penalty.Have a conversation with your CPA and ask them to draw you up a draft of several different situations and see if that is something you want to move forward with.