I'm fairly bullish on the sector.I qualify for the CARES Act penalty free 401k withdrawal and I plan to fully utilize this.

With thoughtful planning, you’ll be well on your way to building wealth and achieving your goals.Good luck! 

Quote from @Matthew Samson: @Corby Goade yep, that sounds like a plan.

No, he's not an architect, he drew all designs, floor plan, site plan, etc, and we had a structural engineer design his part, and paid an architect to sign off on them.  

We did have one, but took it down for iOS and have long-term plans to resurrect it.

The plan was to refinance when rates dropped to improve cashflow, we just had to get out of our hard money loans at the time.

We both run our own businesses but we feel that real estate will help make sure we both maintain our life plans of not needed to work as much any more.

Would this be a feasible plan?

I would recommend buying a standard SFH with opportunities for an ADU, or a split floor plan where you could rent out the rooms!

@Kenneth Joseph Perfido If you’ve moved to a new state and plan to conduct business there, you generally have two options: register your existing LLC as a foreign LLC in the new state or form a new LLC in the new state.