Andy, I agree with you, my statement on "right to work" wasn't meant as to employee matters which has noting to do with this, but rather to limiting one's ability to work, act in common practices to earn a living, the tools of the trade aspect which does impact non-compete agreements.

He did, however, get to deduct that interest payment.)So you can see that even though there is no ability to roll Roth IRAs to 401Ks, you can still use your traditional monies to generate ordinary income.

@Ali Boone not saying there are none, but from my ability to search Denver metro properties, those 2% properties are almost extinct here.

All the information I take in is kind of a tease seeing as I don't have the ability to act but it is fun learning and looking at property with potential.

Giving the appearance that there is an ability to waive rent is trouble.

I'd suggest you go local and not deal in national investing strategies starting off, doing so means you won't be in the driver's seat but relying on others in management, valuation, financing and general operations.Have no idea of your skills. not just RE knowledge or experience but your social skills, ability to deal with the public and others.

Do they have the ability to buy back a note under the purchase terms?

The tax collectors here are very clear and explicit, as is escrow, that you are responsible for all amounts due after closing, whether or not you get a bill.

I feel that my equity position and the accelerated paydown of principle on my current notes will increase my ability to secure financing from private sources as well as commercisl notes in the future.

.* Need to be careful regarding a partner's ability to sell their membership interest to another party.* How will the more active partner(s) be compensated fairly?