(License numbers are not required in advertisements, but they are not prohibited.)

That has been invaluable to me as classes for the individual can be prohibitively expensive.

Just to cover all the bases, my lease agreement also has a clause that prohibits sub-letting or granting use of the property to anyone not on the lease without my written permission.

When we accept a mortgage subject to deals are technically prohibited as the deed has been transferred.  

If it was you that wanted to break the lease, or do something prohibited, they would hold you accountable. 

For the IRA to pay just the down payment is considered a prohibited transaction by the IRS.

Airbnb is a great option, but if you rent instead of own beware your lease: most in Chicago prohibit Airbnb.

@Russell Brazil hit the nail on the head - the 2 main ways to prepare for recession are:1) don’t over-leverage (buy properties in cash or put more down): this keeps your monthly loan pymts reasonable & gives you a buffer2) maintain cash reserves: in case you have to come out of pocket to cover extra vacancies, etcDoing both 1 & 2 are tough & will prohibit you from buying as many properties as you otherwise could - that’s kind of the point ;) Fewer properties with stronger balance sheet is key.Months of inventory is a great way to measure the health of a market & trends in a market.

@Wayne Connell I think it would be a prohibited transaction to use 15% down payment from your SDIRA and then owner finance the rest.

California is terrible for cash flow and the laws prohibitive.