You don't have to join the local MLS if you don't want to to use your license.

That implies to to me that you've lived in it2.

The interest in this deal is strictly via the premium purchase price.. there is no other interest, thus making the 700 monthly payment 100% principal reduction.Paying the premium is done for 2 reasons: (1) Essentially negligible down-payment, which frees up cash for another deal (2) Interest-free monthly paymentsThe final monthly payment would cover the balance, so it comes out to to about 1200 (a baby balloon). 

If your tenant is late, she is require (depending on the structure of your lease with tenant) to to pay late fees along with the balance owed. 

OK, great, do you have the details on where/when they meet or who I should talk to to meet with someone?

it's funny because I was just looking for podcast to listen to to gain more knowledge while doing a few of the tedious task at my internship.

She then took part of that money and used to to fund a mortgage for my sister (warning: were there any blood relation or official adoption this would be a prohibited transaction.)

My research and gut feeling are telling me not to get those(not really owning the unit/s, having to ask permission from the co-op board for virtually everything Id like to do to to the unit, not being able to rent the space during the first 2years, and having potential neighbors perform open surgery on my financials doesnt sound fun to me.)

Why pay a "guru" when there's plenty of successful pro's willing to to help you out on here.

The monthly payments on the 401k loan (assuming you're going to be paying it back in 60 months, which obviously you'll need to to avoid a penalty) seem to be $540/mo.