This is to prevent moister build up that can cause rot.

Furthermore there will be a "non compete" clause to prevent the apartment from adding additional in unit connections.

For another $20 you can buy foam specifically designed to prevent mice from gaining entry.

At that point, you may find yourself paying a substantial sum to a CPA to rectify the situation, whereas you would have paid a fraction of that amount annually for professional guidance—similar to the concept of preventive maintenance versus repair maintenance.

I would add that I would also consider obtaining RE outside of my IRA...this would provide the tax benefits, but prevent from utilizing IRA assets to acquire, correct?

That said, I felt that the organization of the information could be better that in and of itself did not prevent me from being able to understand the information.

Looking at maybe just doing a basic white plastic tub with a plastic surround.Flooring – I need to get about 300 to 400 square-foot of tile installed.Basic handyman and drywall work – it looks like there are a couple of areas where water pooled outside of the house, and a little bit seeped in, so some drywall needs to be replaced, and probably add some type of sealant to prevent the leaking in the future.I have already been looking through many of the forums and have found a lot of great information.

You may consider putting some sort of put/call options into the partnership agreement to prevent any issues from arising should you differ on strategy down the road.

@Cassidy Burns  Hi Cassidy, I know what you mean, it's frustrating when you want to get started but there are obstacles in your life preventing you from doing so.  

This prevents almost all properties from qualifying from there programs.