Hey Gang,My book keeper just retired and the person she referred me to is not very well versed in REI.  

I am 58 years old and planning that real estate investing in Kona could carry me into retirement.

His thought process is that he will someday take over the fund if I️ leave my current job or into retire.

I'm interested in investing in long term buy and hold 2-4 unit properties and my goals are to 1.) have a better investment vehicle than a stock index and 2.) have enough passive income in ten years to retire if I wanted to (although I doubt I will actually want to retire). 

I still have 30 years before I can retire so I think I will be ok.

The main one in my personal view is paying the loan back with after-tax funds and than having to pay taxes on those funds again when you withdraw them at retirement.

https://www.irs.gov/newsroom/like-harvey-retirement-plans-can-make-loans-hardship-distributions-to-victims-of-hurricane-irmaFor a complete list of eligible localities, visit https://www.fema.gov/disasters.

There are companies that actually specialize in rollover business start ups with retirement plans.

As such, if you were to take $100K and say; "Should I put this in personal real estate or put it into my retirement plan to then invest in real estate?"

Managing Members have differing retirement visions.