If you pull money out of your home, how long will it take you to repay and what will the payments be? 

Definitely a unique situation.

View report*This link comes directly from our calculators, based on information input by the member who posted.This property is really unique. 

@Dave FrederickIf you plan to sell the properties - you want to have a discussion with a CPA to see if there are ways to defer the payment of tax.There are unique tax laws when it comes to US citizens who live abroad.

We have structured a repayment plan of back money owed, and if he gets it all satisfied, I will revisit the issue with the utilities.Thanks again.

We may have a unique opportunity here for section 8 with so many low income earners, high rents, and a state that panders to those individuals.

I’m in three different markets at the moment and each one has its own unique opportunities.

Otherwise, instead of pulling funds, have you considered taking a loan against your 401K, then repay it with your savings? 

There are many unique tax laws/strategies when it involves real estate(Depreciation, 1031, cost seg, etc).There are some states that have very complex state tax laws(CA and NY come to mind) so if you live/invest in one of those two states, you should try to find a CPA in those states or atleast someone who is knowledgeable in those areas.If you do invest in a state other than the state you live in, you may be required to file a non-resident state tax return. make sure to work with a CPA who understands multi-state taxation.

Lots of cookie cutter, lower priced houses are more likely to be rentals than if the house is surrounded by custom built unique houses.