The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).3) The IRS rules don't allow you to pledge your 401k assets as collateral for a personal loan:https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-loans

When I set my BHAG, I attracted the following recently:  - several private investors who can invest $12M to upwards of $20M (and more)  - a property owner who is retiring and he is selling me 3,000 apartment units in A areas of Cincinnati  - a professional property management company that can manage apartments nationwide: now I can confidently acquire properties all over the country2.

Review leases, lead certificates, request profit, & loss or schedule E, ask if the tenants are currently behind and call the city to make sure there are no outstanding rental inspection requirements.I am a real estate agent and investor in Hagerstown.

@Linda JumatBy the board rules, tax professionals are not allowed to contact you, you have to initiate such contact yourself.This board have 20+ accountants specializing in real estate, and we work nationwide. in case you are willing to consider a remote relationship aided by technology - you have plenty of choices here.

Say the seller sells one - typically there is language they must pay 125% of outstanding balance...

If your lease states that there is a penalty for breaking the lease-often 1-2 months' rent, keep her deposit but AFTER she moves out, give her an invoice for any damages and the outstanding rent. 

The numbers need to be outstanding, not just good.

The big boys do these nationwide so think Wells Fargo, US Bank etc.....

The technology and support nationwide is also top of the line. 

It's highly correlated to the property's value (cost of rebuilding) and ours are mostly on the lower end as far as nationwide comparisons.