My tenants are responsible for maintaining a clean property and for any requested pest control services.

It also helps to show them the amount of interest they can get when they add up 30 years of payments (compared to the sales price). 

@Jerry Chilimidos,Ned is correct, if you end up refinancing your rentals in the IRA - your IRA will be subject to UBIT tax on leveraged portion of the income so be sure to run the numbers with you CPA to understand the tax implications. 

If I had to leave a takeaway from this post before getting too far in it would be that whatever goals are had you have, we have these goals for a reason and typically it does not go exactly as planned but even if it doesn't go as planned, we can pick up where we left off and give it a fresh start.

If you are tight on cash, then you want to use the lender that has the least up front charges to minimize your contribution.When I need to close fact I use private money.

@David F.As Russell mentioned co-ops are probably 1/2 the price of a condo and you would also have extensive costs to set up a co-op and typically it’s my understanding the builder funds the first 1-2 years of reserves.

Hit me up!

The faster you pick it up, the faster money will roll in.

As far as your primary residence, if you have lived in it 2 out of the last 5 years, you should not have to pay taxes on capital gains (difference between what you paid for it & what you sold it for) up to $250,000 if you file your taxes as an individual and $500,000 if you file jointly with a spouse.Just a disclaimer, I am not a tax professional.

I cash flow them to buyers on lease options with a hefty option payment up front to me.