You should determine, are the returns strong enough to justify paying some UBIT, in comparison to investing in other investment products, such as what your IRA is investing in now. 

I would highly recommend you check out their products, especially the mini-property management kit.https://wilegalblank.com/colle...

I saw a headline this morning for a product that is capable of detecting marijuana smoke.

Request a detailed list of documents and information from the seller, including financials, leases, contracts, capital expenditures, surveys, environmental reports, open permits, and the Certificate of Operations.2.Physical Property Due Diligence.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

I would also recommend buying paper goods/cleaning products from a WB Mason or something like that for the best savings.For mattresses, I use Lucid - they are so comfortable and affordable, they also get delivered in a compact box which makes it easy.Have some type of signage out front and make sure the numbers are easy to differentiate on the property, that way its is clear and straightforward for guests.

When I checked his physical address (that he provided), it was a vacant half-acre somewhere in the boonies in FL.

@Jesse Dominguez-Castelan you could get in touch with a local bank in that town and explain to them exactly what you just did here and ask them if they have a product that might help you accomplish both the buyout and the renovations.

Go with the product that allows you to pull out as much cash as possible.

Not without the following details:1. tax residency, and location of the physical asset for nexus allocation calcs2. personal tax filling status3.