The employer had been raided 2X previously where they pulled up tour busses to load people.

As long as you have the self discipline to not raid that reserve for fun and pleasure, go for it.

I than thought it was tenants, all the "what if's"; what-if they have a fire, what-if there is a shooting, dead body, drug raid, break-in, squatters, feces art, etc etc etc.....   

I wanted to be hands on.And yet, those two houses costed me 6 figures from a raided prepaid renovation "reserve" when the contractor "went under" and left my projects unfinished and my accounts emptied.It was humiliating, and damaging.

In the example they used it raided the IRR about 3% so 18% IRR not 15%. 

Grant could sell raid Raid to a **** roach and make him feel good about the purchase .

If it gets really bad, it may end up in a police raid.

In 2013 I bought a 4-plex for about $60k in a rural area that (I was told) had been raided by the swat team because of a drug dealer operating out of it.

You have half the cash that you need, it probably is a bad idea to raid your retirement accounts due to the penalties you would incur. 

Be sure to google the property address, I have come across sex offender tenants and news of big-time police drug raids by doing that.