If you re-fi for 200k, you are still over the 1% rule. 

It’s a 2 bedroom (too small for my family to lIve in or house hack RIGHT NOW)2. the seller owes more mortgage than the house IS worth to purchase and flip (70% rule)3.

They write their name or property address on the deposit slip and I can view the actual deposit slip.I also use Zelle which is instantly transferred to my bank account and is supported by all the major banks and is likely built into your banks app.I do not venmoe, it is slow and I have better 3rd parties.I also have some that use ACH transfers.All of these that I use are free to use.If they don't pay on their own then I give them a warning and if that doesn't work I start the eviction.I want rent to come in with no interaction from me.

For example the 1% rule becomes to 1+HOA% rule.Vacancy is a bigger deal because you're paying HOA fees.

@Zachary LitwinSelf-directed IRA is still an IRA, all of the rules concerning contributions, distributions, taxation, etc. are the same.

This is an off-market deal and seller-financed so we do not have a broker/agent to support us through the transaction.

This is an off-market deal and seller-financed so we do not have a broker/agent to support us through the transaction.

This is an off-market deal and seller-financed so we do not have a broker/agent to support us through the transaction.

I want things to be transparent and I'm nervous about international rules and regulations etc.

@Jeffery Smyter IMO anyone who is going to pull the "emotional support animal" scam to get around paying the pet fees cannot be trusted.