If you have desires to invest out of your own comfort zone, as long as you take the time to do a lot of due diligence prior, it will greatly reduce your exposure to the horror stories. 

I’ve known others who are OK with the ever changing laws because they’ve had long time tenants or ways of renting to friends / family members, reducing risk and liability. 

Have no clue what it entails to sell or price the house, have super crocodile bath breath, have no idea what upgrades are worth, have no clue what items of their house brings value and what items do not, and what items actually reduce value (a crappy pool, a desperately needed to be torn down shed) etc. etc.Although motivated sellers, they are in many aspects worse than a blind targeted lead where you have to argue and debate trying to convince them their house is really not all that!

That reallocation is done with a GL entry and it leaves us with accurate interest income totals which agree with what the servicer reports on the 1099-INT, and correctly reduces the asset value in line with the amortization schedule in the partial contract. 

I currently own a 2 family property that I will have paid off in a few years and starting to think about how to reduce taxes and maximize gains.  

My question is, for those who accept credit card payments or who have done so in the past, do you find that it reduces your delinquencies or creates more headaches and issues? 

That can reduce the late fees and extra interest and prevent FC costs, which will reduce the payoff when you sell.

I previously mentioned saving to invest and while I’m not “done” investing, I have recognized as of late that I’ve gotten a bit ambitious and need to sit out for a little while to build sufficient reserves and reduce debt.

@Chad Smith@Chris Mason1) Regarding taking a 401k loan: You would have to confirm that your 401k plan allows for a 401k participant loan (and that you have not had a outstanding loan in the last 12 months since your ability to take a loan is reduced by the amount of the highest outstanding balance of any 401k loan that was outstanding in the last 12 months).If yes, you can borrow up to 50% of the balance not to exceed $50,000.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).

But I find homes that have been sitting on the mls post 90 days that have been reduced in price to below market and are not selling.