We've installed 2 of these tubs and have been very happy with the end result.  

So just make sure you rate and who will live in the house match :)

Focus on building a system - there are 2 things a system can give you. a) it gives you consistent and persistent results. b) it frees you up because the system runs with or without you. 

You would need to be able to prove that the property was in good condition when the tenant moved in and that the damages were the result of excessive wear and tear by the tenant.  

Although I would clarify that by saying you can only take out half of your VESTED balance, meaning if your husband is not fully vested (usually a 5 year employment period) and your husbands company has made contributions (matching/bonuses) then you will only be able to take 50% of your VESTED balance out up to $50,000.  

His operation was eventually shut down by the county which resulted in him selling the hotel to the current owner.

I know this will come with a higher interest rate so it will result in some cash flow erosion, but I'm thinking it makes sense to pay a bit more for the protection?

I went through several banks and credit unions before finding a bank with a decent interest rate and matching their pre-approval qualifications.

Be sure to state buyer takes possession at closing and any delay will result in a $100 per day cost to the seller

This is the part that needs more details on your specific situation.As far as setting up the partnership and the k-1, I have looked into that and basically between my attorney, my accountant, and myself, we determined that would only result in higher fees to the IRS for more returns, higher fees to my accountant for more returns, and higher fees to my attorney for the legal work associated with setting up the separate entity.