It totally makes sense to feel torn between sticking close for control vs. exploring more favorable markets.

Good people.I am not familiar with the market you are speaking of, but generally speaking here are some things you should be aware of.1) There's two numbers you can control in the process, and 1 you cannot. 

I'd like to take control of the house, pull money to renovate and rent.  

This type of entity layering can help shift the income in a way that changes its tax treatment.That said, implementing this kind of strategy requires careful planning and precise execution to stay compliant with IRS rules.

How to handle 401k myself so that I have more control on 401k money so that I can invest in real estate without loosing money in penalties as I have not reached that age limit yet.

And why do you want to control their personal choice so they must carry this with them on the property; is there some kind of danger in the neighborhood such as wild puma's or something, or bears (This is a serious question)?

I've also been in some buildings that would require pretty significant work to the HVAC units to have the controls and such be separated and functional also. 

Applying that efficiency mindset to fix-and-flips, new builds, and subdivision development gives you a real edge on both cost control and scalability.Feel free to reach out should you need any help on your REI journey!

N Philly/Brewerytown can mean something different depending on the precise location and property type. 

It’s useful if cash is tight, but if you can finance through private lending or DSCR loans instead, you’ll keep full control and upside.