@Mitch Wittman@Tim BuckinghamHere are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.

My team lead is a mentor of mine so to speak but in general, the people i have met through REI meet ups have considerably changed my trajectory and are real world, local examples that have helped me along the way and for free.

Are there any unique considerations or red flags you look for compared to the traditional rental process?

In the six years I've owned, operated and sold vacation rentals on the Oregon Coast the investment landscape has evolved considerably. 

One week into 2025 and the US housing market is facing considerable new challenges. 

It looks like most of them have been listed for 2-3 months, so you aren't unique.Another consideration is your distance from the city. 

I’ve had deferred maintenance pile up because I couldn’t be in the homes myself.4.Other Considerations: There’s a lot that can slip through the cracks when you’re managing from afar.

definitely need to have lawyer look at it.Risks/additional hurdles- On the practical side, the absence of deeded rights makes tenancy in common ownership considerably more risky than condominium ownership, even where the TIC owners have separate financing.

Because, 98% of the time the student does not take into consideration if the tactic/technique/strategy being taught is a “fit” for the investors time available; interests; knowledge; experiences; abilities; likes; and ethics.Let’s assume that the strategy being taught really does work - to the extent that many people “applying” themselves can achieve financial success.  

It's clear there are many paths to success in this market, and I hope our larger-scale project can find a way to contribute to Detroit's growth as well.Thank you for your time and consideration.