Every complex will have their own policies that must adhere to state law.

When you have a low wage earner they must pay the rent on time with their checks or they will never catch up.One tenant of mine got a month behind on rent because I allowed it to keep going.

@Caryn CasarezI'm sorry, but it is impossible to determine what exactly you are asking.If the IRA receives profit from a deal, then the profits must be returned to the IRA.If the IRA is partnering with another investor, then that person will receive their profit directly from the closing process, not typically from the IRA.

Whatever it is, it must satisfy the current pain points this experienced investor currently has.

You MUST not discriminate on that basis.The following is from a handout I prepared for the Boston South REIA that met two nights ago:**********************************************************************Quick Primer on Mass.

I have already found a buyer or two, and am going to see if I can visit other buyers to add to my list.

The lender said the only way they would accept the rental income is on a conventional loan that I MUST have 20% down payment.

The conventional lender has already said they have no issue with transferring the title to the LLC after close, but I must close under my personal name first.  

Lots of people talk a great game, but suddenly can't get back to you, can't make time, have no organized process for scheduling a visit, can't show you properties, etc., when you actually try to lay eyes on the product.

I will like to have some ideas before we visit.