I guess if it makes you feel better its de-sensitized me to future large expenses LOL.

Vincent de Paul, or other agency, would step forward and pay her past due rent. 

@Carolyn LorenceWhenever you mix your retirement funds with your personal funds to make an investment, you open the door for the IRS to come in and argue that you violated the self-dealing and prohibited transaction rules (according to the Internal Revenue Code 4975(C)(1(D)(E)&(F).  

The added sparkle would be a noticeable upgrade in the rental market.When painting, you could choose the same color for both ceiling and walls to de-emphasize the sloping roof, and choose materials with very little contrast throughout the room, to again add to that illusion of space.Absolutely anything you do to that room would be an improvement so you're lucky in that you really can't go wrong!

Below are actual case records of individuals who were fined huge sums of money for unlicensed brokerage activity.Chad Fields, Delaware, Ohio, a person not licensed under Ohio Revised Code 4735, was ordered to pay a civil penalty of $930,000.00 for committing between the dates of about November 14, 2010 through on or about May 31, 2013, 930 violations of 4735.02 by renting, leasing or negotiating the rental or lease of the subject property; offering, attempting or agreeing to negotiate the rental or leasing of the subject property; managing or offering, or attempting to operate or manage the subject property; and/or holding himself out as engaging in the selling, exchanging, purchasing, renting, or leasing of real estate for another, for a fee, commission, or other valuable compensation or the expectation of a fee, commission, or other compensation. 

https://www.irs.gov/businesses/small-businesses-se...Check out the rules on de minimis safe harbor election.

@Rainiel De La Nuez I hear you, I'm in Ventura and that' s pretty much what prices are like here for 1bd apartments… Daytona was originally at the top of my list since it is near the water, seems to be a "fun" place to live, while still having a wide variety of neighborhoods.

If it is a  DE llc that owns property in TX, and is owned by a CA investor, but the investor never brings the proceeds (nor manages, nor writes checks...) of the LLC back into CA. 

De-lever, don't be afraid to take some chips off of the table with the bottom 20% of your holdings while the market is still in stasis.

The problem is that if you want a particular broker to bring you their premiere, crème de la crème deals, with sky high going-in cap rates, huge rent push potential, and a laundry list of ways to optimize expenses - you had better get in line, because so does everyone else.