There is also the savings from premature roof failure from extra heat in the summer and ice damming in the winter. 

At first glance, you may see their large number of (DocType) DEED transactions and make the premature, and incorrect, assumption that a very large number of their loans end up as foreclosures.

I have seen a lot of people who quit the job too prematurely and then end up struggling later on. 

@Mike Cumbie The far more usual case is that the tenant pays, in which case premature action will not have mitigated anything and the legal costs imposed on the tenant could could precipitate further rent paying problems in the future. 

I think you're possibly freaking out prematurely.

It's a bit premature for me to have a full review still, but I'll give you what I got so far.

@Jennifer ScheidBelow is a link from the IRS which indicates when there is an exception to the premature withdrawal penalties for IRA accounts.https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-tax-on-early-distributionsYou are allowed to pull $10K out for the purchase of a home for first time buyers.

*For all arrearage under the Lease/Rental Agrement, rent due for premature termination of Lease Agreement by the Tenant(s) and for Utility Bills not paid by the Tenant(s) if it was their duty to pay for utilities per this lease agreement.

Second reason: I plan on leaving the property to my wife to provide income for the family's support in the event of my pre mature death She is ill suited to manage properties and I would prefer professional management in this case.

I personally agree with @Andy Collins that having an LLC for just one property is a bit premature, however, it sounds like you intend to grow into it.