BTW I can already fund a Roth IRA as well on top of any 401k contributions and then transfer that money to another account.

You can find MF buildings that rent quickly for top of market rent but they tend to disappear very quickly or trade hands off market.

Taking 20k out might be prudent because the stock market is in the top quintile historically (valuation wise). 

As soon as a life event happens with that tenant they tend to start trying to renegotiate the rent lower, move somewhere cheaper, go buy a house to own directly,etc.There are some areas where renters are outpacing supply so landlords can almost do whatever they want in charging rents ( if rent control is not in place) but those are few and far in between on a national scale.Just think of if you are top market rents and do your purchase projections based on that assumption what happens when the market shifts and rents go from 1,200 to 1,100?

and there are some small signs that the top end of the Dallas rental market are showing some cracks. 

So many times I'm sent a deal to save and come up to a train wreck caused by some other Mortgage Broker or Lender LO who can't think outside the box and/or don't have the loan programs I can offerAnyway, often, the obvious and quick fix is for the seller to hold a purchase money 2nd mtg.If it's for a strong, good credit borrower and they are willing to pay Top Dollar for the property, why not offer the seller a 10% return on that small amount of money on a 30/60?

Look for the bell at the top right of screen; hovering the mouse "hand" over it should bring up "Inbox" to click on.

I think these small touches could make the difference in attracting the right people and getting top rents.I have not spoken to Jimmy but will definitely reach out!

take away is you bought a top end rental like Curt and @Chris Clothier recommend not a bottom end MOrris thing.. which none of us recommend.. contrats.. little recapture but appreciation is an important part of the equation and maybe now we can say markets are not flat like we used to say a few years back.. cash flow and appreciation.Nice one.

I believe that you will find Atlanta a fantastic place to be.