Was it for work, a medical reason, any kind of unforeseen circumstances?  

The 1st deal is still ongoing, and I had to exercise my pledge agreement I had on Kevin’s entity as he still hadn’t sold or repaid me.

If for some reason you get 3-4 homes in and cannot fill any more vacancies you have a little cash flow coming in without debt.As you fill it up and prove the concept you could exercise your option to buy.Just a thought

When one takes the correct approach of understanding that the IRA is being diversified into real estate, that the IRA is the investor, and that all of this exercise is simply a means to {hopefully} grow retirement savings for your future self more effectively than what one is doing with the IRA currently, then things fall into place pretty smoothly.We have thousands of clients who have chosen this route over the years, and one of the main reasons we enjoy being in this business is when some of those investors chat with us and tell us how glad they are they switched the way they invest their IRA, and how much more secure they feel about their retirement years as a result.   

Medical Payments: Provides coverage for an injury suffered on the premises.

However, a few years ago, the seller rehabbed it and converted it into (what look like) a medical office.

According to my state fair housing educator, this doesn’t have to be a medical professional.  

I am currently a pricing analyst for a medical company. 

@Marco Padilla  It is one thing to waive the late fees because of a medical situation, but longer term are they going to be able to afford to pay the rent? 

Healthcare, end-of-life care, long-term care, medical costs,...