Money came from 50k of savings and 50k borrowed from a 401k account that I am paying myself back in 5 years with a payment of 1000 a month. 

@Anthony Chan If you underreported depreciation on your rental condo, Form 3115 (Change in Accounting Method) allows you to claim all missed depreciation in the year of sale without amending past returns.

Just requested a property management account.

You can fund it with funds in former employer plans and/or IRA accounts.  

Easy to transition this to a property manager, or even have multiple people run the account, than if the account is a personal account.

There are 20+ CPAs and accountants on this site that specialize in real estate taxation.

I’ve seen discouraging accounts about evicting S8 tenants and want to see if anyone has had success and how to go about it if she refuses to leave.

There is an amount that you can distribute from an IRA account to purchase a personal residence.You then might be able to turn the personal residence into an investment property.Best of luck.

Last piece of advice is to surround yourself with quality service providers (real estate brokers, lenders, accountants, attorneys, PM's, Contractors, Insurance Brokers)., They will be instrumental to your business. 

Hi Aaron,It's always challenging when companies go through transitions like this, especially when it involves something as personal and critical as managing retirement accounts.