If I'm not satisfied that it's a family (two couples is also OK), then I don't allow the booking.I'd like to hear your input on the above along with what scenarios you may be concerned about screening out.We don't have concerns about people ripping us off or stealing things because our guests are always flying in from afar.I understand that on AirBnB you get some info about what other hosts said about guests, but I don't believe their system would address my concerns.Marcia

Once clause that I always put is that this agreement can be cancelled at any time if buyers don't feel satisfied with my service.

., 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.)

They can prep you on how the process will unfold based on their experiences and most importantly they will know how the handle the bumps in the road that will inevitably come from purchasing a home through the program.In the end, any client I have worked with that has done a 203k deal ends up satisfied because they created value  on the buy side and now have a house that is renovated with equity to spare.

If you are on the deed with your father or have a power of attorney saying that he gives full control of the property over to you then that should satisfy you managing the property (for free). 

If both of these criteria are not satisfied then the property is no longer eligible in the portfolio, so yes I would sell if that happens.

Are you satisfied with this type acquisition loan?  

@Trey Brooks,Those look like they may be notices of auction sale, and yes - you can always intervene before the sale IF you can find the owner and their lender(s) and negotiate a way to satisfy the default.See if you can get lists of pre-foreclosure notices, either "Notice of Default" or "Lis Pendens", depending on your state / county.

It's fun and enormously satisfying to build and fix things.

Absolutely satisfy yourself as to the state of the title before bidding.