The difference between success and failure isn’t a single thing or event, but a series of decisions consistently over timeAlso strongly recommend The Richest Man in Babylon.

I had this situation with my 4-plex purchase,   I worked with each tenant to update them to current RHA forms at the time;  they were apprehensive at first but I made it clear they were still MtM,  I was not re-screening anybody, etc,  and gave a clear schedule for when rent increases would occur.

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

There is probably also investor meet up events in your area with like minded people.  

Or you can directly meet them by registering to real estate events around you: https://www.biggerpockets.com/forums/521-events-and-happenings 6.

Or you can directly meet them by registering to real estate events around you: https://www.biggerpockets.com/forums/521-events-and-happenings 6.

It isn't a taxable event for you until "if and when" he exercises the Option.

I've found a number of companies in other states typically offer 2 months of management fees for a new management contract, and an agreement that they will refer the client back to the agent/broker that referred them in the event the client is looking to buy or sell investments. 

You know when the expenses occur and at what amounts. 

In the event that you don't use it for college studies you can also apply it to other learning course or simply withdraw it and pay taxes on the gains.