Please note that per the multiple loan rules, the amount of the loan must be reduced by the highest outstanding balance of any other 401k participant loan over the prior 12 months (regardless of whether such other loan is currently outstanding).Monthly or Quarterly Payments: The loan must be paid back in equal monthly or quarterly payments of principal and interest.Interest Rate: The interest rate is equal to prime plus 1% (or CD rate plus 2%) and is a fixed rate that is set at the time that the loan is taken.Term of the Loan: Five-year term unless the proceeds of the loan are used to purchase a primary residence in which case the term of the loan may be up to 30 years.First Payment:For monthly payments, the first payment that would otherwise be due is delayed until January 2021 (e.g. if the first monthly payment would have been due on May 15, 2020, it will be due on January 15, 2021).For quarterly payments, the first payment that would otherwise be due is delayed until the first quarter of 2021 (e.g. if the first quarterly payment would have been due on May 15, 2020, it will be due on February 15, 2021).EXISTING LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.If you meet the above conditions:You may delay making any 401k loan payments due between 3/27/2020 and 12/31/2020.You must commence making loan payments in January 2021 (or the first quarter of 2021 if your loan payments are due on a quarterly basis).If you elect to delay making such loan payments, the term of your loan will be appropriately extended.

I went in- held firm and made my demands known in a respectful manner.1 down... then commenced the cleansing of the bad peeps... all by myself- now I have a skin like an alligator and my remaining tenants know I am the real deal.

If I have someone moving in on 9/23, should I make the lease commencement date 9/23/16 through 9/30/17 (slightly more than 12 months) and just prorate the rent? 

Our problem is that the both the previous PM and her broker refuse to do the itemization of the security deposit, PM did not do a move-in inspection (refers to Texas standard lease paragraph that says tenant should have turned in Inventory and condition form within 45 days of lease commencement), does not have any other documentation regarding property condition, and dropped off the security deposit check of at our new PM.

Also, in the lease I list that the remaining amount of rent for the first month of $135.00 is due on August 1st when the lease will commence and will need to be paid in cash or with a money order prior to any keys being handed over.

Here is what we are going to do:- Shortly after demo commences my zoning attorney will file for an amended building permit which will enable us to do our "by-right" work (I.e the stuff that does NOT require a zoning variance).

LOI, investigate property, due diligence, inspections, if we want it, get in contract, investigate new management buy, Implement new management and rules, tenant screening, rename, start rehabevictions commence ASAP for underperforming units.  

When was the commencement of the lease agreement?

.- - - - - We are clear in our rental agreement about how we apply money received:"PAYMENTS.All payments made by Tenant to Landlord after the tenancy commences, no matter how designated by Tenant, will be applied as follows: first, to any outstanding amounts due for damages/repairs, utilities etc.; second, to any outstanding service charges or fees from prior months; third, to any rent outstanding from prior months; fourth, to any service charges or fees due in the current month; and lastly to the current month’s rent

In some jurisdictions {such has our own local one}  purchaser is able to request vacant delivery of the property under a limited set of circumstances: purchaser, or immediate family member, will be occupying the premises as their primary residence;purchaser intends to undertake significant renovations - the nature of which necessitates the property be empty {there is usually a corresponding condition that theses renovations must commence within X weeks/months of possession}purchaser intends to demolish the property.I do not know if California has exceptions allowing purchasers to break an existing lease, but there are lots of folks here who do (@K.