Only exception is your principal balance on ROTH IRAs which you can take out at any time for no penalty.  

We have payed 80%+ of the balance, but he is fighting that we need to pay the full initial rate that we signed on even though the details of the contract are inaccurate and he never sent any written Addendum to the contract for changes in work (he just went ahead and made the executive decision about adjustments without checking with us first).

@Mary JayIt's difficult to get started without access to capital. 

People get lured into sub 100k properties in GA but they tend to be in crap hole type areas where you would be dealing with very difficult tenants from afar.

Understanding it is a difficult market (Miami) to begin a real estate investing journey considering inflated housing prices, it’s where I currently work and I’m quite passionate about the city.

But long term I plan to buy more there, I think you get a good balance of both cash flow and appreciation. 

House remaining balance mortgage of $207,000, monthly payment of $1,617. 

If you stick to traditional wholesaling finding motivated sellers can be difficult and it is harder to compete with cash buyers if you must finance. 

Wholesaling is sold as an easy way to make money, and start out when you have little money and while it is possible to do, it is extremely difficult and the average person will have way more success as a real estate agent.It definitely depends on what your goals are, and how much time you are willing to dedicate to real estate.

As a manager, it is incredibly difficult to handle what will amount to 100 to 200 hundred calls in a couple days for a property while 90% will end in an unqualified tenant.   2)  The police do not respond in Detroit.