There are no comprehensive enterprise-wide liquidity requirements or standards to ensure sufficient reserves to continue servicing the MSRs in their portfolios in the event of material financial stress.

Yes we do and that was the original plan but my partner has now decided she doesnt want to use her's by  transferring it to a self directed 401k.  

Since we are all self-employed its a little more difficult to get approved by a bank so we are looking at owner financing since coming up with a down payment would be no issue.  

Expenses (taxes, HOA, insurance) are $267/moI came up with a Cap of 8% (the bottom of where I am comfortable).If I had $80k in cash sitting around, I would jump on this deal, but as it stands we would have to either 1) buy in a self-directed IRA for a longterm investment or 2) cash out part of our IRA, take a tax hit now, but enjoy $600/mo extra income forever.

You will be doing him a mental healt service and your self a service by insisting on a cleaning service Please keep us updated as to how you are proceeding on handling this because this  is not an unusual problem and we all can profit from your experience

Self recommendation welcome, but a few good BP references are must-haves.Also looking for an investor friendly agent, my currently agent is a little slow in reacting.

I have saved their info for future reference for my self.

Doing nothing adds to the tenant's potential arsenal against you, in a liability lawsuit or rent-related legal proceeding.One more element of self interest: water problems never fix themselves.

It is fun to find a community of like-minded, excited individuals, who are interested in working to the success of everyone, rather than the advantage of self.

I am venturing into buy, FIX, and hold; looking into how to loan money for the short term (up to 6 months) and JV with others, and using self-directed IRA's.These are new areas for me so there is going to be discomfort with this learning curve.