What Im eluding to, be sure you have an equitable escape should rates, time, etc. turn against you in the future.

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.

The third problem in NY is a legal 3 is built to a different standard to two requiring fire escapes etc., a concrete enclosed furnace room etc. 

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I strongly recommend all the tax advice given by my fellow CPAs.Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?

I am crazy to leave a decent paying job, with benefits and retirement to escape the horrible day to day?

So looking forward to escaping the mouse trap that is the standard 401k plan but am very aware that significant care must be made in order to not get slaughtered by the IRS down the road due to any prohibited transactions. 

Everything was fine until one escaped. 

I want to call again and make sure it's not more complicated than that, I'm wondering about fire escapes, etc.

What is a good due diligence period and escape clause to have included in my contract?