I know the desire to own and hold properties, i share the same sentiment but without cash it will be really difficult. the saying, cash is king, is for a reason because it gets to demand lot of others to its tune...So saying, if your analysis and research proves that you are getting a GREAT deal and that your payment back in the 401k is surely met (unless you decided to pay the early withdrawal penalty and tax) and your risk for any health/life event needs are less to none, then i say go for it...I encourage you to go forth and prosper...but if you are having any second thoughts on your course of action, then HOLD back and save up as much as you can till you are not held back with any second thoughts... just my 2 cents bud...all the best

If the market is going up, which it is, and you can afford it, yes.

I am really drawn to the idea of building a large portfolio in low income and affordable housing areas.

Can't afford a high priced attorney at this point.

i did read a lot of real estate books i got them from the library. a great on is written by Russ Whitney his material is pretty good. i was too broke to afford to go to some seminar. 

In addition to the more flexible format of the IRA owned LLC, you also gain the asset protection for your IRA that the LLC affords.

There are certain pockets within the county that are flooded with multi-family properties which rent well since it's a less expensive alternative housing option to renters who can't afford the high price tag palm beach county usually demands.

Where the cap rates are these days, you can't afford significant downtime.

Let me start this out by saying bad things happen but good people work their way out of it.Due to2 babies, my health and several hospital stays the following is my situation.Own my home.

It sounds like you are already aware of that Harris County has Flood insurance rates have been increasing and due to the "Homeowner Flood Insurance Affordability Act of 2014"  the subsidies are being fazed out.