I understand this isn't the official law's verbiage (It actually says, "No later than 21 calendar days after the tenant has vacated the premises" - Link to CA Civil Code) Are we misunderstanding the language here?

@Fred F.While you can joint venture between a self-directed IRA and a Solo 401k, I don't think you would need to do so, and it sounds as if you may be mis-understanding the Solo 401k.If you are self-employed and have no full time employees, there may be advantages to a Solo 401k.  

I am sorry if my words led to a misunderstanding.

So you would be looking at approximately $600 per year in additional cost over what she SHOULD already have now(Insurance on each property)-Steven@Steven Hamilton IIMaybe I'm misunderstanding what you're saying (I'm no insurance expert), but here's the way I see it from what I know to be true in my area:1) If the insurance policy for a property owned in one's own name here is $500/year, it will become roughly $900/year once you transfer the property into an entity.2) I've been told you cannot put one umbrella over multiple LLCs because they are considered separate owners.

She said the realtor told her she "may" make $400 on the deal, but said she was getting no commission.When the buyers learned I only wanted $69,900, they wanted to tear up the contract they signed with the realtor and sign a contract with me directly.I suggested that she call the realtor and explain that there must have been a misunderstanding, but she doesn't want to do this.

You are misunderstanding some paper work.

Did I misunderstand what you wrote earlier?

Thanks for your replies.I spoke with my realtor and there was a misunderstanding as I thought an appraisal contingency means that whatever the appraisal is, is what I need to pay.Thanks again!

It's best to have an agreement in writing to avoid costly misunderstandings.

Not sure if I'm misunderstanding