You nailed it, he inherited two units in this complex less than two years ago. the units themselves are only worth 4k to 10k at best and are paid off. so if he gave me both of his units, it would take an additional 12 months of that rental income to cover my losses.

Dog paws are not friendly to hardwood flooring, even dogs with regularly trimmed nails.

Also, if on a slab consider polished concrete, which is the least maintainance of all and trendy now!

The risks; if you get nailed for fraud, negligence or lead paint, guess what happens to your IRA?

Many technicality issues there, and while it's hard to nail down a specific time that the earnest money was delivered to the agent, it is reasonable to believe that it was prior to the second, correct and accurate notification to me of the termination which was sent/delivered approximately 26 hours after the earnest money was dropped off in the dropbox and agent notified of the drop-off shortly after.

I focus on internet resistant tenants (gyms, karate schools, restaurants, nail salon, barber shop or hair salon, off site dry cleaners, doctors office,etc).Online sales makes up only a fraction of all retail sales.

@Mark OGaraCoffee at the Rusty Nail sometime sounds great.

Damage can include graffiti on the walls, concrete in the toilets and sinks, ripped or stained rugs, broken windows, nails or hammer marks in the floors, missing doors, and any other damaging mischief your angry tenant can dream up.8. 

@Jaron Walling hit the nail on the head

If you are the kind that polishes the bolts under the mainframe of your car for "maintenance" and to keep within the warranty of the vehicle, you are a good candidate for having an LLC.