One mistake could extend the tenant's stay for months without any income, not to mention the stress it could cause.

Tenants typically stay that long because (a) the rents are way below market and they can't give up a good deal, or (b) they are bad tenants who enjoy the freedom of living under a weak landlord.

This is a recent decision where a title insurer denied coverage to an insured owner who had been named in a suit to rescind the deed into the insured. 

Some highlights: I have 3 homes up on Platform and manage another 2 homes.

I intend to relocate to the Rapid City, SD region in April/May for work, and I plan to acquire a primary residence that could eventually be transformed into an investment property.

It’s a nice place and I hope to rent it out weekly from time to time to help cover the mortgage ($1,850/mo w/ taxes, etc.)I just found out from a personal conversation with the owner that a Lake House down the road will be going for sale and I was given the option to buy it off market.

As you get into the suburbs, the expectations and the rules are different.  

Run the numbers looking at a 5 year plan.

You can take a distribution from the IRA, pay the taxes (plus penalties for premature distributions), and then use the funds as you see fit.

Your loss is limited to the amount you invested.You can sell shares of publicly traded reits on the stock market during trading hours.