It’s less hassle, there’s no out-of-pocket money for rehab, there’s no risk of the ARV appraisal coming in low (soooooo many threads on this are sitting on BP), etc.Buying this kind of property is boring, less active, the “story” isn’t fun, there’s nothing sexy about locking in a low interest rate, etc.

To learn about the 403b distribution rules, see the following. https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-403b-tax-sheltered-annuity-plansAnother option, if you perform part or full-time self-employment activity is to transfer the retirement account to a solo 401(k) plan which can then be invested in real estate.

Send a list of what you found to your realtor to find out if they are active or pending sales.

Your comps appear to be active listings not what has been sold.The margins are way to thin on this as the Holding costs will be a lot higher than 3k and closing costs probably more than 12k when you factor in taxes etc. throw in a 20% contingency on top of rehab and the deal is making very littleJust my 2 cents on how I would analyze it

She's very active and well connected there.

Before you for utilities and if you happen to be the last empty parcel on the street you’ve just invited the curbing, sidewalks, sewers to be built and assessed to you and your neighbors, welcome to the area.

I recommend stashing away your extra cash towards a down payment but actively search for properties.

Also, renting a unit while someone is actively living in it, prior to them packing to move, is infinitely easier than doing it while it's empty or a wreck with boxes.

Hey everyone, I've been an active reader but have yet to post.

Most members here are also active in the local groups.