The reason we wanted to use separate series is that we own our houses free and clear and wanted to have as much asset protection as possible.

Obviously I'm neither a CPA or attorney, so I may not have clearly articulated what was said but you get the point there are advantages for you that W-2 employees don't have.

The reason I am using his money short term is to get on the deed and own the property free and clear (on paper).

Apparently they just dont have the man power to service anything unless there is a clear revenue stream for them I mentioned that I had heard that the REO market was taking off and must be sending more business their way.

If there are problems (other liens or judgments against the property) these would get cleared up.

As I look at that listing, it is not at all clear to me that they are offering the entire 17 units for $114,900.

If you own your $600k free and clear you will have no problem finding a lender to loan against the home.

I'm sure it was clearly stated in the covenants that no HOA were to be paid.Thanks,td

However, if I did, I would put in a link to the HR 3648 fact sheet which clearly states this.I'm not trying to be anal, I just think it's important for investors and agents to be well versed when dealing with these matters.thanks,dave

Since you're clearly a real estate investor, you're running a sole proprietorship and likely qualify.As far as I know, there are typically no fees to rollover into another retirement-type account; think of it this way...Fidelity would love to have you bring your retirement money to them so they won't put any fees on the process.