To be fair however, I'm looking for permanent debt on a mobile home park I own in which the trailers are also included in what I own.

This needs to be highlighted in the lease and acknowledged by them.Security Deposits: You can’t use their security deposit for routine cleaning, but if they leave things in bad shape beyond normal wear and tear, it’s fair game to deduct cleaning costs.I’d start by having a straightforward talk with them about the importance of keeping things clean for health reasons and property preservation.

If so, you will need to rollover those funds into respective money sources of pre-tax and Roth. 2) Analyzing whether to use IRA or Solo 401(k), is fairly straight forward, when the intent is for you to have your own business and want to use the funds for real estate investing.

Your daughter can gift you the $31,000 equity by selling the house to you at a below fair market value price.

I do think this is a great way to get started with a fairly small amount of capital assuming you make enough to obtain the loans.

However , she has been fair in agreeing to waive any fee of any sort right now while it empty.What is the incentive for property managers to get a tenant placed?

There are some serious housing perks with my new job offer: 1) $150K in a 0% interest forgivable loan for downpayment (10% forgiven each year 2) a special home loan program that is currently lending at an interest rate of 4.1%. 3) Can join a waitlist for on-campus faculty housing that is sold for at 50-75% of the fair market value consequently when you sell you are capped at how much you can sell for; waitlist for these homes is approximately 7-10 years and you can stay there until you die).

This casual conversation turned into a unique opportunity, allowing me to connect directly with the owner and negotiate a fair deal before it officially hit the market.

I want to ensure I’m offering fair pricing for owners while building a sustainable business.

When I came across this property, I approached the seller directly and negotiated a fair price based on the property's condition and potential.