Willing to extend benefit of the doubt to someone packing up shakers (not paying attention), and yes, all this is small beans and easily replaced.

@Jieun KimCaywoodIn general your plan can work, but be careful about over-extending yourself financially.  

This could be 30, 60, or 90 days, depending on the market and your comfort level.Rental Terms: Specify any minimum terms for the lease, such as rental rate, lease duration, and tenant creditworthiness.2.

I do not recall seeing the duration of the lease on any document. 

The individual investments may say it’s a 6 month term but the majority of time the borrower or builder needs to extend the term 1 or 2 months but that’s no problem I get a late fee plus more monthly interest.  

For example, I try to rent to families and try for longer durations with renters that will take care of the place and also might put down roots with kids in school etc.Check crime stats, schools, population trends, big job suppliers, colleges, hospitals.

Ideally, you could find something liquid (money market) or fixed for a duration until you need it (CD, etc) with a rate approximating inflation but rates (even with talk of some incremental raises coming) still won't yield much.I think you have a good point about return.

If they extend past that, then we go month-to-month.

However, I was wondering if that exemption would extend to funds rolled into the 401k from an existing IRA. 

I have seen it extended with an LOE - letter of explanation as well.Make sure that you have all of the information on the renters like contact info, length of time renting units, pets, and on the walk through make sure the units are well kept if you plan on keeping renters.