Most 401k's let you borrow up to 50% of its asset value, so you can still have 100% of the buying power of your ten thousand its just in a 401k.  

Real estate is a powerful tool for wealth over time.

An example would be a general contractor that handles the pouring of a concrete foundation and framing the home, installing the windows and doors but contracts with a subcontractor for the roof, drywall, insulation, plumbing and electrical and paint.

After reading reports of serious, damaging fires caused by electric car batteries, I'm considering disqualifying potential tenants who have electric cars and putting a clause in my lease prohibiting electric cars and stating that the tenant expressly assumes all risk of damage to the property arising from electric car fires.

Theoretically, if there is an estate, the executor or administrator of the estate will respond and have the power to sign over the title.

what is the water piping, drains, electric, sewer and heating system condition?

Talking with a lender to find out where you land on purchasing power will help narrow your focus to areas likely to yield the best results for your budget.Once you know your number, I am more than happy to share my experience and recommendations.There are lenders on BP who are also investors.

Hopefully the plumbing, electric and A/C are just as good.

I'm closing on a quadplex this week but it's only has two electrical meters.The property currently has tenants in place but the rents are low so I will be raising rents to meet market standards.

Based on your spreadsheet, it looks as though the tenants pay their own electric and gas.