What are your choices?

The choices are endless.

Account Closed Hi Mario, while it may seem like a safer choice to invest locally in your own market, I continue to hear from Investors interested in investing out of state because they are looking for better buy-ins and greater cash flowing markets.

You will need to trace out the route of the heating pipes to see if they are separated out to the individual units from the basement.

It is a investors choice however most on here are tired of hearing it.

Your property valued at $400K with a potential rent at $2400 is a very poor income invest property choice.

This allows the individual to make  Traditional or Roth IRA contributions to their own IRAs based on their spouses’ income.Transfer/Direct Rollover From Another IRA or Former Employer PlanFunds from other IRA or former employer plans can be transferred to the self-directed IRA. 

"this was a foreclosure so there is a slim chance that the foreclosed upon individual will have the right to buy back the property from you for the amount you paid me, as long as he/she exercises their right before said date")?

I'm currently collecting rental applications for a SFH I have up for rent and an individual and her family are interested in renting my property. 

To give an update, I am in the process of working on getting long-term individual bedroom rentals for the 3 bedrooms in the home and will likely be able to cashflow a couple hundred dollars a month positively if I go this route, which is really exciting!