When you decide to purchase a new residence, if you are strapped for a down payment, you may need to sell.

Also include a letter that lets them know that the security deposit is not the same as the last month's rent, and that you don't really have a choice at this point but to file for eviction unless they pay their rent.they may be strapped with moving expenses because a lot of landlords are requiring first, last and security.

As far as CPAs and Attorneys in this field goes the ones that I am most familiar with, and use are @Mat Sorensen (who has the best selling  book on the subject) and Mark Kohler of KKOS Lawyers and Accountants.

Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!

After closing and during rehab we found a major lvl being supported by a ratchet strap...

After closing and during rehab we found a major lvl in the basement unit being supported by a ratchet strap...

Mat Sorensen's Self-Directed IRA Handbook was my first in-depth education on the topic of self-directed retirement accounts.

@Riz Mat I've had clients do both. 

In one of the Reddit post  in  a two family home , there is tenant with a 2 year old who who off and on jumps around and the neighbour downstairs is constantly complaining .. the family upstairs has been respectful and has place foam mats to deviate the noise , but it’s not enough for the other tenant.  

In one of the Reddit post in a two family home , there is tenant with a 2 year old who who off and on jumps around and the neighbour downstairs is constantly complaining .. the family upstairs has been respectful and has place foam mats to deviate the noise , but it’s not enough for the other tenant.