I know screening and acquiring quality tenants can prevent this issue, but say somehow this happens.

I have been able to build a property management company as well as acquire additional investments.

@Nick Bowes I agree with @Ozzy Sirimsi I have properties with those numbers in my portfolio but they required quite a bit of work and specialized skill to acquire, rehab, and now manage.

Private lenders may give you a bridge loan to acquire and renovate but you'll have to make sure you have another lender ready to pay off the private lender and put you into a regular loan. 

BRRRR is about ROI, Cash Flow, Wealth and Acquiring Real Estate, not taxes.

However, I am looking to scale up so I am curious to hear from all of you on what your best successes have been in terms of cost of acquisition, rates of return, etc. between acquiring properties from wholesalers vs. running your own yellow letter or similar marketing campaign.

I've come across tons of coaching opportunities but nothing that I could easily afford, and still maintain my safety net for other expenses.I'm looking to start with wholesaling, and eventually include fix & flips and acquire rental properties.

I still consider myself a newby in RE, just got interested in acquiring more properties recently maybe because I’m getting older and thinking about retirement:) Any advice will be much appreciated.

Curious to see others strategy of acquiring this property with little cash down

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.