@Willam KuczmeraIf you decide to proceed with the distribution, the following IRS web page is a good resource for the rules and tax consequences. https://www.irs.gov/retirement-plans/plan-participant-employee/401k-resource-guide-plan-participants-general-distribution-rules

Best, EmilyThis is easy...always do it the old way.

The amount of bonus depreciation you can take may change each year - 2023 the amount is 80% (but there is legislation that may change this to 100%).Actively managing the property doesn't change the IRS rules on whether or not an asset is eligible for bonus depreciation.

It would have to be the most amazing idea as networking is EXTREMLY easy with what we all have access to already.

Thanks for your reply @Chris Mason if I understood right the rules in Puerto Rico are that HELOC is base on Income not in Equity reason why another qualification is that you need to be resident of the Island with proof of income and residency. 

A way to look at it is; if it were basically easy as buying a 100k turnkey and getting $2400 in cashflow just like that, nearly all investors would have hundreds of them.

I am setting up an LLC to buy rental property and one member of the LLC will be a new real estate agent.  I have read conflicting information as to the requirements and limitations of a real estate agent being part of...

The Bank handles the appraisal you cannot order one by law if financing is involved due to AMC rules under the Dodd Frank act. 

Fees should be clearly stated in writing, easy to understand, and justifiable.

I am not buying in cities for a downtown hip vibe sort of thing.When you research an area, first check and see what kind of rules/regs there are on STRs.