Changing the facts a little bit: if the originally seller was not holding the property for rental purposes, rather, acquired it and immediately turned around to sell on financing, there is a potential tax trap here.

Most human beings weren't born or even graduated from college with the gift of knowing finances.  

Part of it is man's inherent default towards laziness - it's how we built all the trappings of civilization in the first place.

I was born and raised in the SF Bay Area.

Moreover it shortens lifespan of roofs trapping more heat, prevents proper inspection of pre-existing problems, adds extra weight to the roof and fails to meet some local building codes.

Both on time.I wouldn't dare walk into the "cap rate police trap" on this forum.

Basically the Roth would be negating the value of the investment because the tax advantages would be trapped inside of a tax exempt investment vehicle.  

I’m looking forward to meeting new people as wellI was born in Passaic and raised in Paterson- not that that makes a difference to your license. :-) Congratulations on your achievement.

I was born about 50 years premature.

I'm a 41 yo father of 3 who was a stay at home dad to his daughter of 8 years since she was born.