The market has come back strong though so as long as you didn't change your investment allocations you should of reversed most of your losses.The only thing to take into consideration is the vesting of your match if you only plan to stay in your current job for 1-2 years and you do not have immediate vesting then you might want to just save the extra money for reserves or downpayment on your next deal.

My house is raised almost 3' off the ground, which wasn't taken into consideration until I got the elevation certificate. 

If they do not disclose financials per the lease now may be a good time to require it for consideration of additional rent requests.

But, my layman's opinion is you are turning over your interest in the LLC for an agreed upon consideration, i.e. 50% of the ARV. 

Do you take into consideration the age of the property? 

@Tomas SaenzHere are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.

@David Paul Westenberger@Jaysen Medhurst1) You certainly can't use the property for personal use.2) You can rent it out to multiple tenants (subject to any local rental rules that might apply)3) Please see the following regarding Considerations re Investing in Real Estate & Considerations re Choosing a Solo 401k provider:General Considerations Re Investing Retirement Funds in Real Estate:1.

I am still trying to wrap my head around this as a potential future investment but I want to fully understand the macro level considerations. 

I will definitely take that into consideration.

Either way you must do what is right for you, but do it with your eyes open and an exit plan.Excellent points for consideration, Thanks Jerry!