Hi All,

I have read Rich Dad Poor dad and have bought his other books that I plan on starting to read tonight.. I agree with all Mr. Kiyosaki has to say,  I have always known assets are the way to making real long term money and financial freedom but really never connected all the dots. 

My wife and I have family land about 5 hours away (several hundred acres) and it has been in her family for over a century.  She really wants to move down there and I do to actually.. it really comes down to is it smart...

I have about 70K (after taxes and penalties) in my 401K / Pension fund(which is stagnant since i left my last job) from my last company that i can and want to withdraw since I feel i can make better investments than they banks can and get a larger ROI) Also i just don't beleive that it will be there in 20-30 years when I retire...

I currently own (mortgage) a house in Texas which has about 40K in equity.  My plans would be to rent out the current house and take the 70K from my 401K etc to build a house on the land, and then use it for farm / ranch (cattle are run on it now and i would continue to run cattle etc with her father). This would give me my first investment property (the house I live in now), the ability to live off the land somewhat and after the mortgage, taxes etc + managment company, I would probably break even on the property (monthly) that I would be renting.  not taking into account tax breaks (which i really don't know what i can get as tax breaks there).  I then would use that to purchase more real estate to try and add more to my asset column.
OR should I sell my current house and use that 40K in equity to purchase something else real estate wise?  

What are peoples thoughts on this?  

Thanks all
K