@Charlie MacPhersonAs a Canadian, @Parveen Tiwari's taxation considerations will be a little different than yours.Parveen:  if you own U.S.A. property directly in your name, or establish a flow-though entity {LP, S-corp, LLC (pending elections)} you will not be able to control when earnings are repatriated to Canada.  

But in short I just wanted to make it clear that you can be sued for more than your net worth & could be paying off that judgement for a lifetime with future earnings as well - it doesn't just disappear.

They may not buy, you may not earn a cent from them, but you get experience and can learn the tools of your trade.  

After a couple months of this, you should be able to locate an investor who is willing to partner with you so you can earn little bit while learning a lot.  

This seems a good way to grow the 401k, but not reduce or defer taxes.My solo 401k plan includes profit sharing.

They should develop and earn your trust.

I was able to cover the cost due to low debt and retained earnings.

Sometimes when I see a tenant is having trouble making the rent on time,  I offer to reduce the rent by a nominal amount any month where they pay me before the due date.

Buying a note is a great way to earn a double digit return without the headache of managing, repairing and vacancies for a rental.

I think the risk is that this tenant stays awhile and I earn what I think is below market - but maybe my estimation skills are off.