Definitely need to do some reading before entering into this arrangement.

If you were the broker would this seem like a reasonable arrangement?

Some of the tenants text me and arrange for me to pick it up on my way home.

I am not trying to segregate out the non-North folks, but for me, Las Colinas is a long haul from my house in McKinney, especially getting to my day job in North Dallas at 730 in the morning.I would be open to arranging a regional meetup to be located in PFAM if there is enough interest.

When you have a tenant put the utilities in their name and you stay on with a landlord guarantee, if that arrangement is available.

In this instance, Either the purchase price will have to be lowered or the buyer and seller must work out another arrangement for the 15K balance.

Some were lending arrangements, but one as the holding company, one management, one construction flips besides the lending entities.

Does anyone have this arrangement set up or had in the past that can give me advice as to whether this is a "safe" method for utilizing IRA funds?

It is against HUD regulations for any part of any assistance paid to count toward any option to buy or lease purchase arrangement, HUD does not buy homes for people.

Jon : it appears to have started in the dryer vent. lots of smoke and now broken windows. fire dept is still on scene , I have arranged to have windows boarded up.