You may avoid the taxes if you deposit the funds in an eligible retirement plan (which includes anIRA) within "3 years and a day" of the date of the COVID-19 distribution (note: compare to a 60-day rollover).

It's like comparing Disneyland park to your local theme park. 

Schools are pretty good and the home prices are still affordable compared to Carmel, Westfield, Avon, Brownsburg, Zionsville, etc.  

@Tom Matousek the numbers in NC will probably be better than what you'll see up here in 9.99 out of 10 cases, other considerations for investing in this area are the laws governing rentals (NJ is bad but NYC might be the worst in the country) Age of property (our buildings and homes are traditionally a lot older than yours which could equal more cost for you as the owner) cost of labor and materials (yup, were more expensive here too) Acquisition cost (which could easily be 4x what you'd pay for a comparable building in your neck of the woods. 

However if your market is comparable to mine MF is always a pinch more expensive than SF.

I'd compare the entry prices for both options as well as the cash flow for both options, and see what you come up with.

If so, go with an option the market will accept (often laminate takes a beating on the market compared to carpet or vinyl, depending on several different factors). 

If it’s a really mixed area I would want to keep all comparable properties in a tighter grouping than normal?

650,000 purchase price.1,805/month in a 30 year mortgage at 8% interest.23,400/year with that 8%Totaling at 702,000 for the total cost at the end.My theory is that if he would like to make a monthly cash flow of ill round it to 2000 a month with little tax compares to selling full cash and having to pay the taxes on it, also leaving himself a legacy of cash flow for him that gets paid each month, even after he passes away, he would be inclined to leave his family with that cash flow rather than a lump sum.

Your wage is not the most important thing, but rather the amount of mortgage payment towards the house compared to your wage.I'd recommend finding an excellent, skilled lender and running through ^^ with them.