That's a fine line.  

If you learned from it, including learning that index funds are a better fit for you, then it was a fine purchase (and how I chose to look at my 2 poor RE investment purchases, I learned from them and they were part of the path to where I am today).  

Being creative when money gets tight is key in your case and having a finance partner who trusted you and actually reached out to you it doesn't get any better.

This could be a fine or a requirement for the tenant to pay for additional cleaning or repairs caused by smoking.

The seller just informed my agent they will get a final inspection this week we shall see.

A judge would likely require the $20,000 non-refundable option fee be refunded and possibly all payments made under the agreement along with maybe a fine.

Hey @Bukka Levy was there a final resolution to this?

Because liability insurance + homeowners insurance + separation of finances + taking care of my property and tenants + being leveraged (the bank owns the house and anyone that might sue me will be in line after the bank) = a fine liability strategy for an investor starting out.

Its just finding the time, but when a finance guy tells me to sell at this point I need to trust them. 

;Roth IRA funds are not subject to requirement minimum distributions (RMDs);The fair market value (FMV) of assets held in a self-directed IRA is reported on form 5498;The fair market value of assets held in a solo 401k are reported on Form 5500-EZ;At termination, the solo 401k is required to file a final Form 5500-EZ and 1099-R; andAt termination, the self-directed IRA is only required to file a form 1099-R.