The main Team members are Attornies, real estate Agents, CPA's (or accountants), Inspectors, General Contrctotrs, and Handymen.Always, in the beginning especially, do the math analysis numbers and try to look at the subject property or at least have a clause in the sales contract that allows you some time (usually 15 days) that will allow you to close the deal based on what is seen and possibly back out of the deal without a penalty that does not exceed your earnest money amount, if any.Right after you close on a deal, get an insurance policy that will protect you if there is a loss.  

Aside from these questions, if there is anything I am missing or any other tips you could give on subletting rooms in a place you are living that you do not own I would be exceedingly appreciative of your time! 

In that way, I would not buy it exceeding the market value.

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

We've even used it for expected defects if the costs to cure the defects exceeds what we've budgeted.  

Great first deal, I hope it exceeds all of your projections!

One wants to speak with there agent to make sure the loss is A) a covered loss B) Exceeds your deductible. 

However, when they move out of unit B, they will have to leave it the way your rented it to them; If it isn't in the same shape, you'll have to deduct from their security deposit for any repairs needed that exceed wear and tear anyway.

Even for people who purchased at the peak in 2007/08, if they held on/hold on long enough, at some point prices will exceed that peak.

Which will far exceed the damage deposit.How long do I need to hold onto these records.