Tenant agrees to clean and dust the dwelling unit on a regular basis and to remove visible moisture accumulation on windows, window sills, walls, floors, ceilings and other surfaces as soon as reasonably possible.Tenant agrees to use the exhaust fans provided above the stove and in the bathroom when moisture is created by cooking or bathing and when moisture is still present in the room.It is advisable to keep fans on for at least 30 minutes after an activity that produces a significant amount of moisture, such as after taking a shower.Tenant agrees not to block or cover any heating, ventilation or air-conditioning ducts.

He goes a little overboard for what most investors would need, but I dont know anyone teaching them that knows more.Saying all that, I wouldn't worry about doing a trust on your first deal, lots more important stuff to learn before you open that bag.

Another small one is to have most of what you need in a small locked storage so you can fly in with a small bag.

You always run the risk of running afoul of a "prohibited transaction", you have to maintain % contribution into perpetuity.....Again not to say you can't partner with your IRA, and I would probably do it again...just make sure the juice is worth the squeeze on it because it's a whole nother bag of worms to deal with.

Now, large PM companies are a mixed bag with respect to whether they will have records that far back.

I don’t mean to bag on my hometown, it’s just my only first hand case study of cash flow vs. appreciation.

Well, the seller is a low-life scum bag and had no intention of doing this.

however, i am keenly aware that certain types of investment schemes (for lack of a better word) tend to end badly....occasionally with out of state investors holding the bag with a loan they've guaranteed on a house that is truly worth maybe half of what the appraisal says (btw, i am not a fan of appraisals...).  

But.... those dirt-bag's don't mean ALL business's coaches are dirt-bag's.

He did help out the day I needed the truck and thought picking up 26 bags of quickrete and dropping them off at the house ourselves wouldn't be difficult. never again.