The danger is if someone in the chain doesn't perform, lots of people are involved and lawsuits could get started if it didn't go properly.

There would be no additional penalty for early distribution.Work with your Solo 401(k) provider to ensure proper documentation of the event.

If you insure your property based on market value and not the true replacement cost (in most situations) you will get penalized by your insurance company for not "insuring it to value" properly.There are ways to get around this but it's best to insure your property to (the proper) value!

An existing Facility that's being properly managed should have an expense ratio of 32 - 35%, that is the industry standard. 

You need the proper insurance.Also, and most importantly: if you sell now you don't get taxed on capital gains as it was your primary residence. 

Right, this is the situation i am dealing with now.Never get personal checkFelt stupid and upset why I did not do proper screening check tenants this time.Thank you for your advice.

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.

An IRA or 401(k) is best suited for passive income, which includes interest, dividends, royalties, rent from real property and the future sale of such a passively held asset.The other side of the equation is ensuring that as you conduct such a transaction, you are not personally benefiting in any way (such as a commission on the transaction) or adding value to the IRA/401(k) through the provision of goods or services. 

Proper communcation is important, to make sure you are aware of what's going on with your property and tenants.  

If we can safely and under the proper rules/regulations turn the basement into a bedroom, then we can refinance with a higher ARV.