lol15 year has no real benefit other than feeding an emotional trap that makes people think debt is bad.

Birthplace is Dayton, Ohio and I have moved from east to west coast since I was two years old mainly because my dad was in the military.

Although I have been investing mainly in rentals for the past few years (both in my area and out of state), my first purchase has been, by far, my most challenging.

Thanks for the responses, before I  respond, I cant seem to locate my thread via the main menu of the Forum I have to go to the MY DISCUSSIONS section and I never saw it in the new posts section.

My unit does not have its own meter and has a breaker box with most of the outlets and lights within my unit, but no access to the main breaker.

One of the main reasons for me to 1031 exchange to a bigger building is that it is almost impossible to take all the equity out when my father's income has not been good enough the last few years.

In other words, it only benefits a buyer or tenant to seek the help of a broker.

And the reason is if you contribute funds into tax-deferred account you will not be able to use those funds until you retire.It is possible to use a self-directed IRA to buy investment property, however you personally can not benefit from this investment until retirement and you would not be able to use FHA loan.

The signed lease from the landlord trumps the tenant unless the tenants lease is to the new landlords advantage.The smart decision is to believe the lease that benefits the landlord.

You might be able to explain the benefits of the regular income/payments to them, vs one lump sum?