Once you read the explanation below, you will understand how REALLY bad things can be if you don't get the letters but go through with the purchase.First, the owner/seller should have a clause in the lease requiring tenants to sign (or object to in writing) tenant estoppel letters if presented to them.

I'm starting with very little, but am determined to make it work!

Saving, buying, and investing are pretty difficult on a teacher's salary, so I'm hoping to learn from the wealth of knowledge here.

@Kim TranI would reach out to @Dave Foster for anything to do with 1031s.Gino

Initially I was planning to withdraw Roth IRA $ to invest. 

@Jake Hughes A 1031 exchange is a great way to indefinitely defer all of the capital gains taxes, and gain access to that tax to use over time for your own benefit.

Even if you want to invest a year from now, cleaning up your money is the most important thing to do.

I am new to the area with my family of 3.

Welcome to BP!

Quote from @Alexis Herrera: Hello, I have a home in Miami that someone is willing to sell.