The stock market is too efficient.I prefer to spend more time on less efficient markets like RE where my extra knowledge and research will likely allow me to earn above average returns.

Actually, I prefer to do it that way.

I am not saying that is a bad thing as you SHOULD be paid for your services, only to point out your opinionated statement does not come without bias.Alfred,If you are not "too hot" on retirement or tax deferred vehicles, you need to get hot as they are one of the greatest strategies/advantages to planning for retirement.I would NOT suggest you pull the cash out with your 20 month deferred plan as you will not only pay the marginal tax rate on the withdrawl, but you will also get hit with an additional 10% penalty.That said, you will basically end up with only 1/2 of your funds after taxes and penalties.I would strongly urge you to reconsider that course of action and educate yourself more on the subject, both right here on BP and any other sources such as books, news articles, programs, etc.If you are self-employed, I believe the solo 401k and now, the 401(a) plan to be a great choice over the SDI.For those you are not self employed, the SDI is a great feature, much more beneficial than IRA accounts managed by others who ONLY care about how many fees and commissions they can earn from you, regardless of the fact that you make or lose money.There are several legal and moral strategies to use qualified plan funds and benefit yourself outside of the plan all while benefiting the plan at the same time.

I have the cash funds for a down payment and for the repairs but I would prefer to not use my money on the repairs considering I will be carrying the place for a few months while I fix it.

Yeah, investing at a distance is not my first choice, but it's tough finding properties in my price range the SF Bay Area.

In this "better area" you should have a better choice of tenants to pick from as well.

John is correct, if they accept $10, then you just cut them a check and proceed accordingly.Now I come from the school of putting down a large chunk for earnest money to show that I am serious and not playing games.There are enough contingencies that can be written to protect your money, and if I want the deal, I want the deal.I know many people will disagree with me on this, but that is just my personal preference.

I actually prefer to find the local Wholesalers, find out what they have available, get a non-exclusive option on their best deal and then market that to my buyers list.

Could I get some input on what would be a better choice long term- as I would like to have rental properties as part of my long term retirement plan.Are these properties cash flowing enough or should I sell 1 or both and put down even more $ down or invest elsewhere.Primary residence paid $63,500 6 1/2 years ago current appraised value $81,000Current Rental property(wife's former house) paid $50,000 5 years ago market value approx $60,000.Sorry this is so worded.

I prefer direct mailing over door knocking, but door knocking is cheaper.