There are a plethora of mortgage servicers who handle all of these things.Taking, processing and administration on mortgage payments is a far more regulated concept than rental payments.  

If the Roth IRA is currently small, it likely does not make sense to go through the extra administrative effort and cost to create a structure that can handle both funds.  

Every State and Commonwealth has their own laws (think State's Rights).Counties make have local rules, but not laws.Since there different types of probates (formal, informal, small estates) the timeline may also differ.In addition, with a formal estate the administrator will typically have certain interim powers that are not applicable for an infirmary probate PR. 

I just graduated in May with a Bachelor's Degree in Business Administration, and I'm trying to jump into the investment side of the business.I've been interested in flipping for a couple of years now without the resources (finances) to make anything happen, or to even justify the risk.  

That would be the person in charge of the probate (executor, administrator or oersonal representative).

A bank makes the loan, and the veteran's administration backs the loan, so you still need to qualify with the bank.  

Ryan Keeton I'm in IT (Server Administration) for a large utility.

It was all learn by doing - the administration, how to handle the collateral, recording an assignment (with the process being different in each county/state), learning how to deal with attorneys, learning our potential exit strategies, working with the borrowers to determine their intent, hiring a servicer, etc.

Neither an heir, beneficiary, administrator, executor or personal representative (fiduciary) can satisfy this essential criteria.There are oodles of ways to clear title, but using AP as an heir ain't one of them.

Typical expenses are taxes, insurance, utilities, repairs & maintenance, management, general and administrative, and reserves.