Can I legally just put a stop to everything and just tell her that she does not qualify on her own, give her a 30 day notice to vacatate asking for 8 days rent into November?   

My wife and I recently closed on a STR property in the Baraboo area and want to ensure we are doing everything the legal way. 

Remember that you would not be investing personally but rather your IRA, which is a separate legal entity.

I would argue that the premium is valid due to the value I added to the property by getting the legal structure and agreements in place, then finding like-minded buyers.I'm looking for people to poke holes in my logic.

Is it legal?  

A lot of people try to manage property without a license, but since these folks defeated the first eviction they may have legal assistance.

Agents are not legally able to do inspections. 

@Jefferson BlackJust make sure you have the proper COs, and it is in fact a legal Triplex.What is your exit strategy on this deal?

Transferring ownership to the new LLC is possible but may have tax or legal implications.Let me know if you need further assistance with financing!

State costs vary, but more or less should be +/- $750-1000 to get obtain your NMLS mortgage license (with courses) and most states permit dual licensing in which brokers can be legally compensated on both sides of a transaction.I'd be very cautious about performing dual capacities in any single transaction for two reasons: 1.