And not find out the 124 ft belongs to condo...bc the buydown in front of the house is owned by someone else.

We do belong to the South Shore REIA on the Cape and have met Mike LaCava on several occasions.

The portion which belongs to the 401k will not be taxed because it is tax-exempt. 

I am also interested in building a buyer's list (doesn't have to be long, but solid).

@Marc Dufour Yes, you would need to get estimates for the repairs so you can deduct from security deposit and clearly document on the invoice, send the tenant a copy & keep a copy of the invoice and a copy of the refunded security check for yourself.However, you may want to wait until the move out inspection (after all of tenants belonging are removed from the property) to get a clear assessment of all repairs that are needed) . you don't want furniture/furnishing blocking or hiding anything.

In both cases those profits do not belong to you personally, but to your IRA, it must go back to your account sheltered from any taxes that you would pay otherwise if you own that asset personally.

They will not cover the occupant's belongings.

Repairs and other vehicle maintenance belong in a repair shop.

A property belonging to a property management company that has a tax lien.... should I stay away?

If you do a homepath loan and sell it quickly (less than a year) the lender may get a little annoyed because those are meant to be long term loans and that is where they make there money.