I've also, fixed a heaving retaining wall by the garage, and will be adding some real curb appeal to the front landscaping this spring.

@Raghav Haran  how you find and retain a good agent is by proving your a for real buyer...

If the items are reasonable (clean this, replace that, fix that), I would probably carry through on it to retain the tenant and try and do-over on-boarding.

If Tenant does not properly exercise the Early Termination Option by following the procedure exactly as specified above, or Tenant elects not to exercise the Early Termination Option, but vacates the Premises before the Termination Date, all Lease terms shall remain binding (including the original Termination Date), and Landlord will retain all legal remedies for a Tenant breach of this Lease.

Even though this happened without the home ever being in my name personally and before any involvement by my IRA, I'm worried about whether this would cause the IRS to disqualify my IRA.Ideally what I would like to do is use a small ($10-15k) Roth IRA to lease the house from him and re-let it to a renter, without purchasing the home but retaining the option to at a later date.

Really the only advice at this point is to retain a good lawyer and get the process going of getting this guy evicted.

How smart is he to not only NOT retain an attorney but also never show up to any of the court proceedings.

The late fee is also retained by the PM, JWB, so to me, the PM, JWB, kinda encourages the tenant to consistently pay rent late.

The very dumbed down version of it is you apply for the tax credits with an HFA, build the project, sell the tax credits to a bank or a LIHTC syndication fund, and you retain .01% ownership.

First, since mortgage interest and property taxes now have limited deductibility, would it make more sense to incorporate, even in a pass thru, to retain that deductibility?