You wouldnt have to pay any penalties as long as you keep it a retirement account.

Do I milk this property further for income to save up cash?

and that is my money saving advice as they will force you to buy their crappy properties and vacant lots that no one will pay anything.

However, I think I'm ready to look into preparing my retirement plan(jk or not).

I'm a retired Marine and an entrepreneur with an LLC out of Arizona, but have recently moved to Missouri.  

A couple of the developers have been Assisted Living Facilities.He is wanting to see if there is some way to lease his parents land to one of these developers, so his parents can either retire to one of the Facilities, or provide them with a monthly income so they can live in another one.  

A few years back, a contractor I know here in Bayside whose neighbor is retiring told him he wanted to sell.

Yes Jane, you can roll over your retirement funds into Self-Directed IRA or Solo 401k and use it for real estate investing.

If you only have enough resources to mail to your list once, you can either save up more before starting or practice some scripts and go door-knocking.

I've put the remaining $17k in savings and plan to use it as a down payment for a second house.