And of course, don't rule out house hacking for yourself and .... investing out of state, too!

As a rule of thumb an accurate bid takes about 40 hrs of work and 10 site visits.

Something where the profits from having three units rented carries most or all of the fourth.

Eventually I moved out and got a fourth renter. 

If they are thinking of lending from the 401(k) and it is a self-directed plan - then any transaction that touches you is going to violate the rules.

I just wanted to make sure I wasn't going crazy missing something or miscalculation.It's listed at 225K...What has me confused was the 1% "rule" is there but it's not even close to a deal.The 50% rule is almost met, but again...it's not even close.Usually, when these rules are met, it's at least closer than 100K off.....This is my first deal.

So the new Harris County rules say that any rehab project in the 100 year flood plain needs to elevate the house unless the rehab budget is less than 50,% of the building/improvement value of the home.

This may be a dumb question but I want to know if it's legal? I have an LLC which I wanted to put into 2 of the multifamily properties that I own but I do not have 20% to convert and refinance under investment loan. C...

Also with the 45-day rule, that seems like a short amount of time to sell a property and buy a new one.

If you move your money into any kind of retirement account, you lose direct access to this money (with Roth accounts being a half-exception to this rule).So, let's start with determining whether you might need this money to spend on your living expenses.