Having a vision for future projects like the ones you mentioned are great, but learning the ABCs of RE with a small investment (initial down payment - since you only need 3.5%-5% down on a primary) is the best way to sharpen your skills.

For those who missed the initial buzz, the delay could provide a second chance to enter the market before real estate prices surge when the plant eventually opens.

Hello, great question as I am considering them too, not specifically looking into using any form of retirement accounts for initial investment though. 

The OTA initially ruled against paying.

Another thing to consider is are you basing the 3x rent on her initial application? 

I generally try to put my October through January lease starts on 18 month initial terms to better align with more favorable leasing periods when the units come back to market.

:Initial investment:€3,000.00 – Rental contract, First, Last, Security Deposit€3,056.68 – Furnishings/Consumables€1,308.03 – Taxes/LegalTOTAL – €7364.71 Average Monthly Gross: TOTAL – €1820.33Average Monthly Operating Expenses:€127.25 – Utilities€191.10 – Taxes, Maintenance, CapEx€289.15 – Management€1000.00 – Rent (*See Master Lease Strategy) TOTAL - €1,607.50Average Monthly Cash Flow - €212.83Est. months to break-even - 35 monthsObviously, there are a lot more details (challenges, wins, etc.) to this story.

If there is no initial agreed-upon amount, determining a fair compensation becomes more time-consuming, leading to further losses.

It has now been 16 months since my initial request, and I am looking for a clear timeline and action to fulfill this commitment.I have already filed a complaint with the Department of DPBR Office of Financial Regulation, as RAD now holds an F rating with the Better Business Bureau, and legal actions are being posted.

Reach out if you need any advice or you have any project initiatives.