Rex RichardsonRex Richardson the one who pushed this bill which regulates rent increases above 10% to allow tenant to get paid $4500-$6500 from the landlord.We don’t believe that rent control works, or is the right solution.

One solution I have right now is just to get a year lease and wait to see how things work out in the housing market, we will have around 60k by the end of 2019 (saving around 50k/year cash after that) to use towards an investment (this may or may not be real estate), then I can reevaluate come 2020 and see if it makes sense to buy a home then.

@Brie Schmidt - Would a rain garden be a possible solution to beautify the backyard and help protect from flooding around your house?

How's it going everyoneI came across a super motivated seller who gave me a call, they have a house with little equity, so I know cash offer wouldn't make sense.Instead I wanted to do a wrap mortgage since it's in a great neighborhood, house great condition, and it will rent well above the month payments, seller doesn't need much at closing..the problem was, it's and FHA loan, from what I know you can't wrap those.What is another way I can structure this to come up with a solution?

The best solution I would give is to have a service person check once a year in the fall, at a minimum.

Until figuring out a better solution, a temporary one might be to set up automatic transfers/payments for the end of the month from the smaller accounts to the larger one.

In any case, the approach that printing money is the solution and that it has "actual value" is dangerous to your financial future.

At this point I don't want to overcomplicate the matter, but am just trying to understand what we need to legally operate in this context (it was suggested on one forum that a limited power of attorney might also be a viable solution).

I am wondering what the best solution would be for this.

One solution I was thinking about is to have $5500 in my IRA and $5500 in my spouse IRA, and use the 11k as part of a down payment for a different rental property (that I will not live in), and then use the remaining funds to purchase the triplex.would this work?