The interest rate is not special nor is the 20% down (80% LTV).  

Proc. 2002-69, 2002-2 C.B. 831, for special rules applicable to husband and wife state law entities in community property states.

Or does one need a special license / need to open a company?   

Another one I wish I had taken earlier was to get involved with a boutique or specialized commercial broker. 

I’d love to connect & discuss my goals further, especially since you specialize in long-term, turn-key properties, which are exactly what I will be focusing on as an investor.I’ll definitely check out the podcast you shared to learn more about turn-key investments.

However, when seeking a non-recourse lender, I suggest starting by reaching out to lenders who specialize in working with self-directed IRAs, as they’re more likely to understand the requirements.

While the cost can vary depending on the scope, zoning, and materials, I’ve seen similar projects run anywhere from $50,000 to $150,000, depending on factors like plumbing, electrical upgrades, and structural work.If you’d like, I can connect you with a few contractors or architects in Chicago who specialize in basement conversions.

Quality of property (newly remodeled, special charm, design) = less headaches with guests 2.

I'm a investor, flipper and property management company owner who specializes in central CT.  

Starting out can be overwhelming, but I’ve compiled a step-by-step guide specially for beginners.