It's pure sales.

If it is going to be a pure rental, you will probably need 20% down. 5% vacancy might be too low.

You don't have to say you want to come over and check the air filter or the smoke detector batteries or whatever to keep an eye on the place.

Question 2: Are you sure that for a pure investment, you'd be able to refi into a 30 yr 4.5% fixed Loan?

Smile.)I can't say how appreciative I am for the month of pure insight and education I have absorbed here.

I personally would never invest in such markets they make no sense to me purely an appreciation play, but in all fairness I also do not live in those markets. 

First is that Yale requires you to push STAR and then 4 number code and most guests forget the star, second it wore out after 1 1/2 years and did not provide enough power to completely close deadbolt even with new batteries.  

@Skyler HarrisAnother professional engineer here in the mix, although admittedly I haven't practiced pure structural (picked up a few projects and clients over the last 2 years). 

Spoiler alert: this is pure silliness with a dash of depth.Some were called to be doctors, innovators, engineers, or sheep wolves to protect us all. 

If so, then your self-directed IRA cannot be used in any way to participate in the purchase transaction as that would constitute self-dealing.If the IRA is purchasing the home purely as an IRA investment, then the loan must be non-recourse, meaning no personal guarantee from you.