Right now, I’m actively saving for my first small multifamily deal and also learning everything I can about rental arbitrage as a creative way to get in the game.I’d love to connect with others focused on multifamily, or short-term rentals.

@Lane McDonald what you are missing is leaving your 401K in tact and continuing to build it.RE may or may not retire you faster, that depends on the market and how savvy of an investor you are.If you are going to take funds out it should be through a loan where you pay interest to youself.A better way to invest in RE is with saved Capital from living below your means, while continuing to add funds to your 401K.  

How do you screen a retired prospective tenant for income? 

I do not want to touch retirement saving of about 2 million in stocks. 

If you have extra savings at the end of the month it really can help pay the loan off much quicker and reduce the total interest on the loan

In real estate, if you ignore the pennies, you’ll eventually ignore the dollars.What’s something you do to save money that makes people look at you like you’re a little weird?

I am 36 hoping to semi retire at 40.  

15 year mortgages don't save money. 

We're low on liquid cash, with funds tied up in other investments (we own 24 units), and I prefer not to dip into retirement savings.

But First — A Critical Note on SE Tax If your personal STRs are structured and qualify as rental real estate, then:The income is generally not subject to self-employment (SE) tax.There is no requirement or benefit in routing that income through your S Corp just for tax reasons.So unless your goal is to contribute more to a retirement plan (like a Solo 401(k)) or access corporate fringe benefits, there may be no financial advantage to having your S Corp manage your own properties.4.