We live in a big city and I'm not going to drive a beater that might leave me on the side of the road.

Been reading the books and dragging my feet for years while I established my professional career (love it, not looking to leave, just supplement).So I live in a nice college town where occupancy rates are high and the leases run 12 mos. and I'm ready to get into the game.

I can bring in around 10% of costs as skin in the game.

Have you thought about accepting the $750, then asking her to just leave by Friday, in exchange for keeping the $350 and not being evicted?

1) You get the cash flow now instead of having to wait til retirement - at which time you'll have to pay taxes on it when you pull it out.2) You can leverage that money to buy more properties.3) Real estate income is pretty much tax free anyway so what do you really gain by leaving it in a tax free vehicle that is only temporarily tax free - you'll pay when you end up pulling that real estate out of the 401k. example with some VERY loose guestimates on the numbers:100k buys you one house (worth about 130k) free and clear in your 401k.

There's a saying in my farms by the good estate attorneys and it goes something like this: "If you want to **** over your kids, be sure to leave a will."

Or one student leaves and the others are on the hook and may not be able to afford to pay.

Because they have no skin in the game.

I know wholesale will be a start but I don't want to just leave money on the table not striving for the bigger deals as well.

Have him get a foundation repair estimate and take enough picture that will leave no doubt about the condition before you go any farther.