Originally I intended to rent the property but after a lengthy rehab I’m going to try and 1031 exchange it with the guidance of a couple lawyers and a CPA.

Every 401k I have ever seen has safer NON-stock choices such as bond funds.

@Bo Bond explains very well in detail why this is such a struggle.BUT....if your lender is more flexible, then you can move to a single Master Policy for all of your properties and closing can become much easier for everyone.As an example, if your Master Policy has an effective date of 10/1/22-10/1/23, and you are closing on a property on 11/1, we can issue your lender a certificate of insurance with the new location with an eff date of 11/1/22-10/1/23. 

There will be exceptions, but very few.also For every dollar you invest now in a rental you have a 4-5 percent opportunity cost with bonds to factor in your equation.  

It was quite a bit of a lengthy learning curve but worth it.  

So ahead of your visit find a local realtor that can manage property and get one with a bonded list of contractors that they use regularly. 

Hello Investors,I purchased a home with post possession, 2 months post possession to be exact but they dont seem like they will be moving nor want to move.How lengthy can this get?

Has anyone ever worked with bail-bond companies?

Justin,If you are looking for passive income, look into stocks/bonds.

I’ll buy a bond to wrap around your lis pendens so I can still sell and will then come after you for filing frivolous actions 😁