Waiting on your attorney for guidance Potential outcome: Attorney suggests to discuss with seller to reduce price (go to option 1)Your choice is clear, move on OR buy the house and forever leave with the pain of paying for a house that is smaller than you thought.So Sadie - what you going to do?

Most custodians will limit your investments choices to only those confined to the stock market.

Typical charges in my area are a setup fee of a couple hundred dollars and then around $15 per month, I know it adds up so it's up to the buyer to determine their comfort level with either choice.

I’ll make your choice easy. 

And kudos on the solo401k choice since an SD-IRA will have UBIT tax consequences to consider.

We really don't know how to approach the rent increase discussion.A) We could keep them at $600 on month to monthB) Have them sign 1 year lease for $700C) Give them the choice to sign for $700 or month to month for $850We welcome to any feedback and suggestion.

As for the cash out choice, I believe nonconforming jumbo has a better rate than conforming now.

If you're considering investing in MO, Kansas City would be a much better choice in my opinion.

So, NOT taking it, you are simply flushing your money down the drain (well, actually, the IRS benefits from it, so you are providing extra cash to them).Apparently, in Canada, this is different in that there, you have a choice to take it or not, and if you don't take it then you don't have to recapture. 

Sometimes you get these open today, closed tomorrow type business in the oil and gas industry so we just want to make sure it’s a good choice on our part.