this information im giving you pertains to removing someone from a property. first let me tell you its gonna me a painful headache.Having to pay your tenant money to leave it may hurt, but its often the your best option. you might have to pay more than youd like to speed the process up.You cannot make people do something that they feel isnt in their best interest,even if they are morally wrong. you can also find the tenant a new place to live using your property manager.Also you can offer to pay a small percent of their rent the first year.basically you want to make it as easy as possible for them to get out, maybe pay movers to move all their belongings as well. you dont have to do all these things try a few if not combine them all and see what works. best of luck!

As far as the debt pays down with the 401k or the IRA, it sounds like in your situation the pain of the debt outweighs any penalties you might incur. 

(But take enough down that it would be far too painful for them to walk away!) 

@AJ Shepard Thanks a lot for the advice, especially from someone who understands the pain of our profession! 

Im going through these growing pains.

@Ryan Planchon I feel your pain!

And of course, following rules just like everyone else does.Mostly, having the license really allows me to check the property whenever and wherever I want without coordinating w. another agent (such a pain for both parties!  

Doing it all on my phone is painful.

He's threatening to be on the road telling people what horrible landlords we are, reply to our ads & generally be a pain in the backside.I"m 53.

And that is just the first few months.Point is...these can be either items of operation, or items of pain.