Did they have to demo prior to commencing work?

(Bought the house and made a 20k flip profit)Public records are amazing: if you locate the area where the seller lives, make sure you look them up in their counties property appraiser, and clerk of court/register of deeds.Examples of places you can find them:If they pulled a permit on a house the notice of commencement may include their phone number.If they were in a lawsuit and represented themselves, most forms will include a phone number.If they were a landlord and did an eviction, the 3 day notice or complaint will usually have their phone number.There are quite a few areas the info will show up in public records.Social media is the hands down best way to locate people.I have found more people through Facebook, Twitter, LinkedIn then I can tell you.My favorite example is where I located the owner of an abandoned home on Facebook.

If there are any issues with the language in the notice or with how it was sent to the tenant, that could delay an eviction (if and when you need to commence a court case to evict her).Before you send the notice, it may be worth reaching out to an attorney in your area who has experience evicting commercial tenants.

If they do not pay or do not have a move-out date by the end of the month commence court proceedings.

This agreement shall commence on _____,___ and continue; (check one) A.__ until _______, ___ as a leasehold.

This was pushed through in the last meeting (no vote) by the Board of Directors and will commence January 2025.

I would be stuck with a high priced rehab that may or may not be done well or that I may or may not be able to sell.Also, in a custom home, the sale is not an "option" for the buyer and the end financing is locked in prior to the commencement of construction.

Currently we are in the process of market research to identify some of the best available markets.Next, we will reach out to real estate agents and property managers in that area to get a better understanding of the market.If all is well, we will write a brief business plan, which we will present to investors.Afterwards, we will commence the property search.

Any sweat equity work like repairs has to be done by a non disqualified party; therefore, you cannot do repairs on real estate owned by her IRA.The lenders listed on the following link will loan to an IRA or a solo 401k. https://www.biggerpockets.com/blogs/3441/51027-nonrecourse-loan-debt-for-self-directed-solo-401k-investment  Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions; andBoth are prohibited from investing in assets listed under I.R.C. 408(m).The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (self-directed IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2016; the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

Over the long-term, a gradual increase will commence to exceed one acquisition annually.