@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.

The housing authority insist the HUD limits prevent them from paying my requested rent or even increasing it at all, while the other authority had no issue entering into a contract for the requested amount.

I handled the call with my usual tact, apologizing for upsetting him and asking him for either his name or address so I can go into my database and prevent from bothering him again.He responded that his name was "John". 

I almost at a point where I don't even bother with home inspectors.Some other common issues with older houses, particularly if you will be renting:  lead paint, asbestos, mold (although I find older houses are leaky enough that, as long as the roof drains well, air movement through the building is good and prevents moisture buildup), steep staircases, narrow hallways.But you MUST MUST MUST do a walk-through with an experienced contractor (one who specifically has experience renovating older houses/buildings) prior to placing an offer.  

If you want to save the floor, sand to bare wood and have a decent floor guy blend a darker stain into the areas that can't be saved - *not* over the entire floor, which will just make those areas even darker.

If you are the buyer, you will want to record you option with the county clerk to put a cloud on the deed to prevent them from selling the property to someone else.

Account ClosedMark is referring to the prohibited transaction rules which would absolutely prevent you from putting an asset you currently own into your IRA or 401k.You can invest a self-directed IRA or 401k into real estate, but as a disqualified person, you would not be able to transact with your retirement account.

Thankfully, the carpet was fairly thick with good padding there was superficial stains we were able to clean and prime the floor.

I can't really tell from the video - is it painted black or stained or ???