I presume that the former occupant also had nine mismatched roller skates. 

Presuming she bought insurance when she bought the home the lender cannot change the insurance company. 

Your subject line says "contract" but the post test says "LOI" I presume you know the difference.  

Also the property value will increase over time, rents will increase over time and presuming you  have a loan, the loan is being paid down by the tenant over time. 

The point is that you can invest in non-public assets like RE and others that you know and control (unlike wall street) and therefore presumably build your retirement account up much higher.

Member since May 21, 2020"LOLAlso, if you're skeptical, ignore the post and hire shady businesses that most of us presume BP has vetted for us.

Even though you are presumably taking action based on your financial needs, it helps to recognize that tenants sometimes view changes (or even potential changes) that impact their living situation as more personal or emotional decisions.

- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.14 properties - presume these had to have been single families.Oh, I'm modifying the original post to mention leaning toward creating a trust which we manage..so we would own very little yet manage the trust which owned investments and such.Here is what I understand/misunderstand (better or worse) on moving every 2 years (as we are open to that albeit pia.) • Multi-unit would only support a %, so a quad would 25% and prorated over all years of ownership....witteling advantage to not worth the effort. • Single unit properties get pro-rated.

These deals are more land banks deals and I understand not much equity but it does get down with the right information and partnership I presume.

Presuming your LLC  is solely owned by your IRA, it is s disregarded entity.