You can do the match what 1 hour of your time getting it wrong could cost you by buying the wrong property.

These are often ideal for long-distance investors, who what to work with an established team that manages all aspects of your investment. 

Examples-- Max out Roth IRA (currently $6k max) - Max out company 401k matching (or the equivalent of 401k) - Contribute to regular IRA (up to $13.5k)- Pay off all debts (except mortgage) What are some personal finance tips you always give to others and why?

There is also an addition in the back of the house which doesn't have terrazzo flooring.I believe I have four options:1: Remove old tile and refinish the terrazzo floors and throw laminate flooring for the addition2: Remove old tile floor and throw laminate flooring so that all flooring is the same throughout the house3: Throw laminate on top of the existing tile4: Remove old tile and refinish the existing terrazzo and new terrazzo flooring for the addition to match the rest of the property.I will be using this as a rental, I want to be budget friendly but I dont want to waste money in the long run.

Ideally, 30 day notice at any time with no early termination fee - particularly in first year.Good luck!

Bonus if it can be turned into an educational how-to guide.The resident can either pay out of pocket for any work needing to be done, or they can let the GNA cover it in exchange for direct principal payments off the original market price purchase.Make a simple guide to what needs to be done on a regular basis, and establish a plan for what the resident can handle, vs what the GNA provides.Create synergy with kids and grandkids to accomplish common/ regular tasks.Opportunity for daycare/ day camp, or even homeschool type services.Opportunity for future continued business partners to take over living on the residence.Preferred scenario, resident pays for material and professional labor, and the GNA provides cheaper labor for easy tasks etc.Residents may pay part of the labor cost, but ideally if the GNA has cash to pay internal employees, then those costs get applied as principal payments.Explore options that let GNA employees trade time for ownership of that specific property, instead of traditional pay, or use it as an overtime bonus.Find ways to incorporate local artists and craftsmen, and make unique projects that incorporate the story of the house as told by the resident.

Not ideal for an investor, obviously, but would have taken care of the primary income and primary expense for the lot of us.There's a million questions about the bill itself, and nuance is everything.

But in an ideal world, your LOC writes a check to purchase a house.

Verify work order receipts from the vendors directly and talk to the vendors about the project to make sure it matches what PM tells you.

Available at most hardware stores, can buy you  another few years between build up layers and/or re-roof .Re directions and DIY...be sure to use gloves, disposable trowel/putty knife, have some denatured alcohol to clean any of it off you or your clothes, but, ideally don't get it on you.