I would also be keeping a log of any incidents that give rise to new custody issues.

I know what my ideal life looks like in ten years, unfortunately, I don’t feel like I can have my ideal life now because I am having to stay in the state that I am in until we can move without risk of my husband losing custody of his child, which will be in about 10 years so believe it or not I do spend a lot of time thinking about what I want the future to be like.

Tax free appreciation and rents significantly trump the loss of depreciation and custodial fees.

Also, the other custodial vultures are circling.

Financing-  build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.  

@Maria Jeanette Educate yourself on the difference between Checkbook IRA and Custodial IRA. 

Educate yourself on the differences between checkbook control and custodial control.   

Financing- build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.

Educate yourself on the difference between Checkbook IRA and Full Custodial IRA. 

Custody is next.