Or at the very least, a good portion.

If you can find a house or duplex where rental income covers a significant portion of the mortgage, it could help you build equity while minimizing your living expenses.I'd recommend looking into first-time homebuyer programs in your area, and as always, make sure the numbers work for you.

Sure that makes sense to me charge (market rent) + (utilities portion) to each unit.

Based on what I remember, it gets even more complicated if the 401k is from a previous employer.In your case, since Fidelity is declining the account due to the nature of the retirement funds, one option might be to consider rolling over a portion of your 401k into a self-directed IRA, which typically offers more flexibility.

I’m not an accountant and this isn’t legal advice but if you’re renting a portion of your property likely you can deduct something off your taxes to help offset the income from the rent.

For the other portion, invest how you see fit really.You can try accelerating some purchases that you would normally do next year to be this year, but there's not a ton outside of the normal stuff.

Can I use rate and term refinance to pay off my hard money principal (including rehab portion) until the 12 month seasoning period until I can cash out?

@David Narvaez My partner used a CPA the past two years and both got the real estate portion of her taxes wrong.

Paying a professional to help guide you through this process is VITAL on your first several development deals.

Since I am doing it virtually how do I go on about the title company process and is it vital, I've heard some buyers have their own title company.