Hey Rowan, It's impressive that you're diving into real estate investing at such a young age.

Effective age on the appraisal report is 18 yrs versus actual 39-year age of the unit, with a C4 condition rating. 

I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.Current Financial Situation:Significant savings in 401(k) and IRA accounts.Additional funds in a taxable brokerage account.Age: 40, with a relatively high effective tax rate.Limited emergency fund.Existing Duplex:Mortgage with a 75% LTV ratio and a high interest rate.Modest annual cash flow.Withdrawal Scenarios:Scenario 1: Withdraw everything today at age 40, resulting in a 35% loss to penalties and taxes.Scenario 2: Withdraw at age 60 with growth scenarios ranging from 1.3x to 2.3x the initial balance.Proposed Real Estate Investment:Purchase two additional duplexes with a 75% LTV and 6.635% interest rate on a 30-year term.Projected outcomes include appreciation, cash flow growth, loan amortization, and tax benefits.Comparison of Real Estate vs.

Things to really look out for are an age restriction, setback requirements, SQ Foot restrictions and time constraints.

Try to find an Investor like me that’s aging out and work an off market deal wherever possible. 

But, you don't have to be my age to study the negative effects of rent control, eviction moratoriums, forced section 8, etc.. 

My understanding is that it will mainly be derived on the life tenant's age and value of the condos at the time of sale.

If someone's looking to start LLCs layered under different entities it ain't me lolI would add expecting "push the Zillow button and expect $400 cash flow buying in 2023-2024 marketing using Other People's Money" because some social media guru told them RE investing is so easy after the run up in property values 2013-2022 and the guru quit their W2 jobs before the age of 40. 

If you owe the bank a lot of money and can't pay the bank has a problem.4.You can't time the market.5.Properties always appreciate.6.Syndications are the way to go if you are a tired landlord.7.Financial independence in 3 years by age 25.8.It cash flows x dollars per month.9.

Insurance can vary a lot. depending on location and age.