(We would have previously updated the mailing address for the loan so the check comes to us, not the borrower!)

Good luck and keep us updated, I will have to do this one day so it would be nice to know!

You'll need to be very careful with your renovation budget and timeline.Your renovation estimate of $120k-$150k seems reasonable for adding a bathroom, redoing the kitchen and existing bathroom, closing in the garage port, and doing cosmetic updates.

And the SOLs are not consistent across the country, as each state has its own period. 

Some 401k plans allow you to payback loans or withdrawals in a certain period.

Your agent should have reviewed all this with you during inspection or due diligence period.

**Insurance Issues**: Ensure the property insurance policy is updated to reflect the change in ownership to protect both parties in case of damage.3.

EARLY MOVE-OUTTenant will be liable for a reletting charge of $2363 (85% of the monthly rent) if Tenant: (A) fail to move in, or fail to give written move-out notice; (B) move out without paying rent in full for the entire Lease term or renewal period; (C) move out at Landlord’s demand because of Tenant’s default; or (D) are judicially evicted.

A little context: the building is structurally sound and they have done major updates such as septic, generator, and sprinkler system, and all mechanicals are recently inspected and tagged.

So far into the portal, I am amazed on how many things it has, he has overdelivered for sure, I am reviewing all the material now that its holiday season and I am looking forward into the classes and the coaching calls.I will update my post once I finish the whole class and leave my full review on it.