Here is an example to consider, actually my first rental property that i lived in initially then converted to rental

There is a potential great deal I am looking at right now to convert a mixed-purpose building into a 4 unit building.

Convert your lease to a month to month and have them give you a months notice that they found some place, let them go and re-rent.

There's more I need to learn no doubt but my goal is to convert more of my leads that I can't wholesale into deals instead of just referring them to a agent.From what I understand there's TWO documents the seller would have to agree to the Lease and the Option.

@Julian BuickThe good thing about Roth conversions is that you can convert all in one year or a little each year.

I'm also trying to purchase a new primary home simultaneously, while holding onto my current primary and converting it to a rental.

I hope to convert it into a rental soon.

@Libbie Grant Investor tip for Anacortes: find a house that is zoned R2 for duplex (most all of the old homes in the desirable Old Town and around the schools and hospital) and convert a garage or basement into a legal dwelling.

Last year I converted an IRA to a Solo 401k and so far I've purchased one house and funded one private loan with the money.

Few other things were on this deal: As he couldnt sell, he was asking me to convert a den into a bedroom without permit and then sell it.