I went with him to his lawyers office who helped him with the bankruptcy and he said that my neighbor has until the sheriffs sale to sell the home or move out, implying to me that he could still sell the home.We tried finding out who serviced the loan and who owned the loan through our county records department and even they said that the chain of custody of the loan was unclear and unfinished, likely due to the fact that the title company, servicer, and mortgage company that owned the loan all went bankrupt within the last 10 years.

Have you made it down to physically see it since the past conversations concluded?

If you're self-employed, the Solo 401k plan will likely work better for you.A few Solo 401k benefits: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.The Solo 401k can allow you to borrow funds from the plan, unlike with IRAsYou don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.

I equate this to dripping with dividend paying stocks only in real estate where you physically own something other than a piece of paper.

If he is being physically abusive you could get a restraining order. 

I have been quite successful, but the job keeps me away from home, more than I would like, as I have to physically visit the properties, have face-to-face conversations with the landlords, etc.

I have been quite successful, but the job keeps me away from home, more than I would like, as I have to physically visit the properties, have face-to-face conversations with the landlords, etc.

The two common choices for doing so are the self-directed IRA and the Solo 401k.The Solo 401k requires self-employment activity, but will allow you to take participant loans while the IRA does not.A few other Solo 401k benefits:Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)With either structure, it's generally recommended that you do not commingle retirement and non-retirement assets.

However, what TRULY fuels my fire is seeing my dad work the night shift for the past 15 years and see how it’s robbed him of his physical and social health!

@Shadonna N.Yes you can convert custodial self-directed IRA into Checkbook.