Physically check each one, yourself or hire a PM or maintenance person to do it.You can take the handle off each hydrant so it can't be easily turned on.

I can easily buy and control properties (or notes) with little or no down, but then there other costs, sometime significant, especially for the big profits.But here's a couple of straight up examples of very little all in costs.Contracted to buy property for $11K and put $100 into escrow as earnest money.

-One major disadvantage is that you can not easily liquidate your interest as you could with a stock.

This story would work ever time since it was easily believable,I mean who doesn't get settlement money these days.And on the selling side age was never a problem.

Makes me feel better that I can easily get answers to my questions.

The top currently rents for 550$ month, and could easily rent for more with little cosmetic updated/ changes/.

That is easily obtainable after flipping or wholesaling a few houses.

If you own LLC that is simply holding entity, then the income there is rental income, which is considered 'passive' and that alone would not qualify you for the Solo 401k.Legitimate self-employment activity however can be easily established.

My dad said he would be willing to cosign with his very financially prudent son.I could wait a little while longer untill I am out of school and making income myself OR I could view this as a great opportunity to decrease my liability (on paper) while having 100% of the benifit.If I were to co-sign would it decrease my debt ratio for so that I could more easily obtain more home loans in the future?

I'd have to install a gate, but the logistics are tough as there is no street parking nearby and I have to be able to let guests in easily.