Luckily I don’t need the income from the rental properties to live off of yet so what I’ve been doing is channeling all the funds after PITI and management (and charged maintenance for that month) into separate accounts for each property.

Please consult with your advisors.There are no taxes incurred for a rollover from a conventional (i.e. pre-tax) 401k to a conventional IRA.There are no taxes incurred for a rollover from a ROTH 401k to a ROTH IRA.You will receive a 1099 from the sending custodian that should list $0 in box 2a, taxable amount.Different story if you are trying to get from a conventional 401k to a ROTH IRA. 

Charge them for having additional, unauthorized tenants.Seriously, I would tell them to abide by the lease.

Most conventional financing will require the "Lessor of the appraised value or the purchase price" during the first year, so, document the improvements you have made and that can help with the purchase price issue somewhat.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

It's good to know what you're looking for (2-4plexes), if you can do a 5% down then you'd qualify for Conventional loans.

I am in the south Florida Market.I have a charge off on my credit that banks are not willing to work with me on a loan.I contacted the bank and tried to work a deal with them were I would pay it off in exchange of removal and they would not go for it. 

Hey BP community, I'm looking to buy a condo in east bay area and will finance it through a conventional loan.

That would allow for FHA financing or conventional with 5% down.

As a Military Officer, Take Charge (of the Household) and Move Out!