As long as we are not providing middle of the stay cleanings, food, etc... then we still remain on the passive side of things.I was reading about a IRA LLC, which it seems like I could put my SD 401k and my wifes SOLO 401k into.

These lenders will generally have pre-payment clauses and early payoff charges BUT, you will get the loan and do a no income verification... food for thought when investing into a buy and hold situations..

Just food for thought on the next one maybe?

On Monday, I saw a couple of crust-punk kids throwing bags of ice at moving cars in parking lot of the nearby Central Market (basically a regional version Whole Foods) and then ripping around the lot on bikes, cutting off cars.

Cutting the cord or going all-in is not a viable option for me at this time with two young children who like food at home. 

@Margot BaldwinAs mentioned earlier, you are leaving a lot of information out for people to make an informed decision.i am not even sure how people are already commenting that you are in a great position without knowing all the facts.If we are talking about retirement, at the very least, we would need information such as the living expenses that you plan to spend on a yearly basis(living, food, entertainment, gym, travel, etc).Rental income of $5,300 a month appears to be gross.

@Brian Shinkle Your desired person will have to be met in person, over food or entertainment, paid by you.

One year in when BP came out with the lease packages for Ohio ($99), I bought the BP lease and it was better.

But to learn more on the cheap..I always recommend one figure out who the guru's are that are selling the systems.. most of them have written materials and CDs they give a package out to paying students.the students burn out never do anything and the next thing U know they are selling their materials on E bay for 50 bucks that they paid 10 to 25k for.. 

Each apartment has three bedrooms and one bathroom and to room at my college is about $600 a month not including food.