Quote from @Anshuman Thakur: Can someone please shed some light on how- convert 401k to SD IRA- how to use SDIRA to buy properties- how much down payment is typically required if we are using SDiRA to only fund downpayment on a multifamily CRE, and which banks typically work with SDIRAs- how does LLC structure- property management and cash flow work in this situation?

This is a great place for you to learn

What steps do I need to take to make sure I can get this going as smoothly as possible especially when it comes to resale in the future?

You could make this work ST, MT or LT, depending on how you approach it - the key with unique grounds is owner-provided upkeep and service built into the listing and what permits allow. 

This is dangerous territory because you are talking about your family.

Having this hands-on experience with real-world properties helps refine and enhance our software.Important Note: This is not a commercial off-the-shelf software program—it's an internal tool we use for streamlining our deal evaluation.

@Jose Saladin you will likely not get a CO (certificate of occupancy) to be able to legally rent this out.

@Alex Yeater not sure if you got any follow ups on this, its been a while. not sure how far you are on your jorney.

Quote from @Peter Tverdov: Think at least for the text standpoint it is challenging in this market now where I know personally 3 people that have been in lawsuits with one ringing in at $500,000 for cold text messages to people that did not want to be marketed to, so to @Jonathan Greene point on that for sure.I think that cold calling is a true skill that really no one (or 1%) will end up doing, and I 100% agree that VAs do not do it right..

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