Ideally the property cash-flows on it's own when you move out.

Hellloooo BP community, I recently moved back home to NJ and have been on the hunt for my first property.

The tenant moved out in June 2023 and is now contesting $500 I withheld from the security deposit.

I meant not to live on but solely to withdraw, pay the tax and invest in RE.I am trying to decide if I should draw out everything from tax deferred retirement account, pay the tax and invest in RE (move into Roth as another option)before I hit RMD point.Hoping to hear from those who have walked the walk and share actual experience of their success/roadblocks. 

I may even move into my little bungalow eventually when I get off the road working (oil and gas industry ) my W2 job.

They may fine you $100 (doubt it since it's their fault for moving so slowly).

Future investors might consider this and possibly look into local property management solutions if they're not able to frequently visit the site.Recommendations and Networking: Sharing contacts like Jeff Chisum who have proven helpful in your investment journey is beneficial for the community and helps foster reliable networks of professionals.Lessons Learned: Your insights into the challenges of managing a high-elevation STR during winter are invaluable.

I am getting in touch with the city to ensure I can move forward with a STR with this location. 

Would I have to reach out to a real estate lawyer or are there documents readily available to move this forward? 

But I've heard many people house hack with an FHA loan where you use it as your primary residence for a year, and then you can move out and rent the rooms no problem.