We were asked to get a POA but that would have been subjected to the same time delay because they both needed verification sent to The States.  

I won't be doing new tubs for a good long while, but I haven't seen this subject come up. 

The problem is that they require constant supervision, turn over more frequently, and tend to have higher turnover costs.At the same time, this isn't the greatest market for flipping when everything is selling for top dollar and material costs are high.

***zip in subject is incorrect, should be 55106.Hello BP forum!

I would take the money out of a retirement account if it makes sense.Yes - distribution from a retirement account will be subject to federal taxes, state taxes and penalties.However, it would be subject to federal/state taxes anyway when you take it out in the future.Therefore, the net difference is 'penalties'.If you can acquire a deal for less than 10% of FMV, you already stabilized your net worth.There is also a value in getting into real estate sooner(to learn).You may want to first see if you can do a loan against your retirement account first.Best of luck.

While googling best ways to appreciate house and reading multiple books on the subject, I will be adding a 4th bedroom, all new flooring, adding space to living area, paint and other more specific things Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Babek Sandhar there are hundreds of articles on this subject.  

@Tony Marinello income replacement or frequently referred to "Loss of Use" or "Loss of Rents" coverage is often included in the coverages quoted when you obtain an insurance quote.Some companies out there do not automatically include it and that should raise a major red flag to you that they don't have your best interest at hand.If you have other coverage questions or more questions about income replacement, feel free to DM me.Best of luck!

Both jobs allow for telecommuting, however my wife does travel to Florida frequently for her job. 

The low equity results could have something to do with how the info is being pulled..You definitely want them to have some equity in the home, unless the numbers make sense at market value..the strategy here is to purchase subject-to the existing loan so you will essentially be taking over those loan payments.