I was hoping to get my feet wet and cut my teeth- as it turned out, I learned to tread water while someone was stomping on my head(which I suppose is a valuable education??)

I am generally not a fan of borrowing from 401k for any reason whatsoever and here are a few reasons why...1: Taxes...you are volunteering to pay taxes twice on your money, generally not smart.

but it's pulling teeth to actually see the contract and get it signed, "lawyer hasn't gotten it to him, oh sorry more health stuff, stupid lawyers didn't draft it right" and on top of that we're in two states and the property is in Texas and the property still has his sublet in place and they apparently pay just fine.Long story short has anyone had experience ending a relationship/contract like this and then just working with the renter?

/also they have had a broken water heater and refrigerator whereas the previous ones had no issues whatsoever.

Good luck and I am more than happy to discuss if you feel their would be any benefit as I am retired from divorce mediation and am not looking to generate any income whatsoever but merely trying to help a fellow investor out.

Heres what I have learned over the past couple of decades: Some parts of the code are brightline with no wiggle room at all whatsoever.

Living revocable trust is the most common way to do this, they are easier to setup and maintain than a LLC, and you will have no problem whatsoever from any bank transferring a property to a living revocable trust as it is a very common thing, and this is a must IMHO if you have children or other heirs you'd like to have inherent the property, but won't buy you much for asset protection ...

If they are on a month-to-month, or no written lease agreement whatsoever, then I would contact them as soon as you become the owner.

Let's just see if these funds clear.Deposit came directly from her bank..Also, I'm not apprised to evicting a tenant WHATSOEVER.

he does not have teeth.