Follow up with your real estate agent for clarification.

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@Reid ShafenbergTo learn about the IRA distribution rules, see the following. https://www.irs.gov/retirement-plans/retirement-pl...

My interests:Turn-key, out-of-state investing: I've followed the Morris invest disasters, been following Memphis Invest and Norada, namely.House Hacking locally: Being in a prominent SoCal zip code, the only way I am getting in here is to sell my house and use the equity to finance a multi-unit and live in it.

I truly appreciate it and will do my best to follow your advice and educate myself.

I have done negotiations with seller's agents by text and that's only because I know they know what they are doing and will always immediately follow with a formal contract submission.

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I would make sure you're knowledgeable on Maine's landlord-tenant laws regarding security deposits and the risks associated with renting to a smoker before following through with any of this.

Specifically in the following markets:1.)

If they stay, you get renovated rate already and can do the flooring and paint when they move, if they ever do.Third option is to push rents to near the renovated rate as leases roll.