In the future, you might consider modifying your note to allow an automatic extension for an additional X months for an additional Y dollars; where you define X and Y in advance.

Some "investors" who work with agents who, in turn, prowl REIA's, is only as reliable as their character.But you don't really know their character.

Originally posted by @Oyane Jacques:Originally posted by @Benjamin Pekarek:  with an attractive NOI I can be flexible.How would you define an attractive NOI? 

Would the re-characteization of the account BACK into a traditional IRA nullify that original taxable event, or am I on the hook for some portion?

I am interested in buy and hold real estate but still have yet to define my niche. 

You've got to define your target area first and foremost.

I have an extreme work ethic, and my character strives to be the best I can be in all aspects of my life.

I'll definately join your group Gabe.Nice to meet new people.

Oooo Brayand mentioned on FB that he could do one, I'll definately be there for that if you guys can get him to talk starting out and strategic planning.  

But the need to be better defined for anyone to give you a good answer,but it can probably be summed up by saying,Find someone who has done it in one state, do it there until successful, then try to duplicate that in other states.