Let's say you borrow $100,000 to pay off your $50,000 IRA loan, $25,000 on credit cards, and keep $25,000 for finishing renovations.

Quote from @John Underwood: Gas heat would require constant tank refilling and it would be very bad to run out in the winter.In my experience, if you have  325 or 500 g tank, you can top off in the fall and be good until spring.....Unless I guess you have a big house and are keeping it at 80d.... 

We never planned to keep our new build for 30 years, which is why we would have never used your cap ex valuation. 

@Jules AtonWe have started marketing to our guests as it is cheaper to keep a customer than to find a new one.

I will definitely keep in touch with you Nick and I appreciate you reaching out.

Our best case which I keep to myself, and our worst case which is fully written up official quote yada-yada. 

Personally I like keeping my properties that I know are successful and have low maintenance.

Used to keep small loses into becoming lawsuits.Normally offered up to $5,000 but check to see if higher limits are available.7.

If you were able to increase the value of the property significantly after the rehab, then you could bring the deal to a community bank  to refinance and take the hard money lender out.You keep all the equity and don’t have to file a partnership return for your annual tax return, which can be costly.  

@Jim Stanley Keep in mind any expenses of your SDIRA asset must be paid for by the account that owns that asset.