You mentioned $25,000, but you’ll need to spread that over multiple years unless you're using other strategies.Five-Year Rule: The converted amount will need to stay in the Roth for five years before you can withdraw it without penalty.

If a house doesn't pass, the city is forcing you to allow a tenant to stay in an unsafe house until it's been remediated.

Lastly, stay informed and educated about investing.

. - Tenants are incentivized to not damage the property (can lose their voucher if they are found liable)- In my experience, tenants tend to stay for longer periods of time rather than non-section 8 tenantsCons- The unit is required to meet a certain standard and pass an inspection prior to tenant occupying the unit - Tenants tend to have a lower credit score than most landlords were prefer Happy to connect and share my experiences as an out of state investor and share some additional tips. 

Hi BP.I have been stalking the forums for a bit, reading books, listening to podcasts and educating myself over the past year.I am Danish and came to the US (SF/LA) for love - got divorced but stayed for the adventure.

The tenants will be staying at the premises for the duration of the repair and expect compensation for the inconvenience/impact.

Landlords who maintain their rentals attract higher-quality renters who pay more and stay longer.

Ultimately, stay focused on your long-term goals and remain committed to your investment strategy rather than chasing quick gains.

If you stay at 60% or below of your homes, you can get into the 5s pretty easily with a point or two, even with credit scores as low as 680. 

Operators that are open and able to offer combined usages for slower seasons, such as mid term discounted extended stay rates in the winter, can improve lower estimated production in the off-seasons.