A few more random thoughts from all these posts:- Instead of just getting an "or assigns" clause in the contract, why not put in a contingency along the lines of, "If due diligence indicates that the investment return on the property is inadequate, buyer can back out of the deal?"

If your boss is willing to cover most or all of the costs of obtaining your license and you expect to remain in Arkansas after graduation, you should strongly consider it. 

Because of my age, 59 1/2, I can take some, or all of it if I wanted, without penalty.

If that is the case, unless they stop paying or violate other terms of the lease I am not sure what grounds you would have for evicting them before November.Having said that if they are paying right now, which it sounds like they are, and it is covering some or all of your existing expenses that is WAAAAY better than having a vacancy and all the cash to maintain it coming out of YOUR pocket.

@Jimmy Thomas Try Dekel Abstract or All ahead title or Sunnyside title  

Construction loan should cover most or all of the construction costs, but we will need ~$300K of cash on hand to cover cash burn during construction months.

Get quotes for each issue and ask for a credit at closing for some or all of the costs3.

Maryland law considers last months rent to be a form of security deposit.Security Deposits (Maryland Code, Real Property, Section 8-203)This law applies to all residential tenancies, whether the lease is written or oral.

For that reason alone, my investing strategy for 2018 includes only buying more in Indianapolis at this point with most or all of it being turnkey (that of course could change.)And please, don't try to get rich quick, slow and steady is the best way to do it, don't get burned on a D grade property from across the US that you bought for $40K and rents for $700/month and think you won't have issues and will become a millionare over night.If any property or TK specific questions, please ask away!

Depending on your 401(k) plan, you may also be eligible to rollover a portion or all of your 401(k) into a self-directed retirement account.