@Tucker CummingsWhen you borrow from your 401k and IRA you can not deduct the interest as investment expense as you are reimbursing yourself.If you borrow from a margin account you may be able to deduct the interest if the proceeds are used for investment.The leverage on margin is usually not very high and you are taking way more risk to trigger a margin call that will wipe out your profit if you need to fire sale during a market drop to satisfy it.I would suggest that you look at overfunded permanent life insurance policies as their cash value can be borrowed against very easily.Also they continue to compound based on the full amount even if you have loans out.

I haven't called yet, but I'm wondering if this will be covered under our homeowner's policy. 

Our rental policy currently excludes violent felony convictions so he isn't excluded on the misdemeanors however I'm concerned that he was not forthcoming with this information.

In fact, you'd be responsible for the costs--which can range from $5,000-$150,000--EVEN IF YOU JUST PURCHASED THE PROPERTY and the prior owner didn't know about or didn't disclose the issue.OREIA's Legislative Affairs Director, Dan Acton, has provided the committee with opponent testimony, and OREIA has proposed reasonable suggestions for modifying the bill to assist you with this expensive, possibly business-killing remediation.However, despite these efforts, the committee is attempting to pass the bill without change before July 1st, which means without your help, it could be Ohio law by late summer.Please call (preferred) or email your State Senator and tell them to delay a vote on Senate Bill 113, sponsored by Senators LaRose and Beagle, until a mechanism for funding the required meth lab clean-up is created."

company policy.

DISCLAIMER: I am NOT a lawyer but my understanding is LLC's only offer one "layer" of protection and honestly a good insurance policy/commercial insurance policy with an umbrella liability policy will do you more good than an LLC will.

If you want to pull out MORE, wait for the seasoning period dictated by their overlay policy. 

While not exclusive to Wyoming they are one of the states that offer a close LLC which allows you to put very heavy restrictions on the membership units - this can be utilized as an asset protection policy if ever sued. 

To me someone who asks is looking to follow your policy but of course you have to have a policy.  

@Christopher V. a few key points to consider.If you live in the property, you will need a homeowners policy, which has a lower premium than a rental for the exact same coverage.Both rental and home owner policy premiums are mainly driven by the property value you insure.