Landlords who get rolled by their wayward tenants and don't report them do a disservice to the industry.

If this is an old 401k - you can easily roll it over to self-directed IRA. 

What if you rolled over your solo 401k into an IRA, took out a mortgage on the property under the LLC, and then put the funds into a new solo 401k?

I'm currently 22 years old and don't have a ton of money at the moment, but I need to get rolling in investing within a year.

I look forward to it.Right now that "counting rental income from an in-law unit that a SFR has" magic is only for FTHB and loan amounts under $417k while they test the waters, but I strongly suspect that once they are done testing the waters it'll be rolled out to high balance and non-FTHB loans.

We roll 100% of the proceeds back in to paying down the property so that we can have less in loans and don't hit our borrowing maximums.  

The balance =         ~$49,500 with payments of ~$450 per month (PITI)- Current rent roll = $1325 per month; PM = 130 per month- Current ROI for the Middletown duplex =         [($1325 x 12) - ($450 x 12) - (130 x 12)] / $25,400 = 35% ROI

But I figure best to get the ball rolling by serving an official notice when having a conversation.

The whole donor/politician system play a HUGE roll here. 

Just get the folks who finance these rolling and ask for an adjustment for the already wasted cash.