Bump up retirement to 15%. 

I can't take it out without a penalty, but I'm not sure where to put it or if I can roll it over into an account where I can make money on it until I retire or find my next investment. 

@Julio Cruz What if they unlocked the equity to help paydown any expenses / retirement, and house-hacked to cover their housing expense? 

The specific units I'm looking at are 1 BR/1 BA with a water view and poolsCan sleep anywhere from 2-6 with the addition of a pull out couch and a small bunk area for families$220K (Unrenovated) - $250K (Renovated) Similar units in the same building rented for $29K (this year) but "Closer to $36K in a stable year" (per management) My guesstimated costs will be $1500-2000 monthly using a 10% down vacation home loan, I'm considering using this management company at 26%The location is Tybee Island, Georgia.

Yes, my wife and I are both physicians, so we're pretty fortunate to have a good and stable income stream.

I have a retirement account from my previous employer that I wish to use to fund a deal that I currently have under contract.

My strategy had been to just use the cash flow to pay down mortgages and set myself up for retirement.

I am using Cash that I saved up and some money from my retirement account and a HELOC to do all the renovations.

I am involved in 4 different LLCs that are all made up of 3 members; we own properties with SRIRAs, SOLO401Ks, and 2 different set ups of 'cash owned' (non retirement).

My only draw back is that my goal is financial freedom and setting up a way to build up a portfolio for retirement.