Given the short-term nature of mid-term rentals, including utilities can make your property more attractive to potential tenants, but it’s essential to factor that into your overall rent pricing.The best way to go about this is to ensure your listing is visible to your target audience.

Rent payments from the medical LLC are fully deductible as a business expense, while the property-owning LLC will report the rent as taxable income, which can be offset by deductions for expenses like mortgage interest, property taxes, maintenance, and depreciation.To ensure compliance, document how FMV was determined—using market comparisons, an appraisal, or similar data—and draft a formal lease agreement outlining the terms, rent amount, and responsibilities.

Work with a CPA familiar with SDIRA tax implications to plan accordingly.Private Placement Memorandum (PPM) review – Ensure the syndication allows for IRA participation and that the deal structure aligns with IRS rules.Direct Purchases with Non-Recourse FinancingLender requirements – SDIRAs can only use non-recourse loans, meaning the property secures the debt, and your IRA isn’t personally liable.

Now I regularly review my prices among my 3-4 direct competitors and adjust my prices to ensure that I am not the lowest priced option whenever I can prevent it.

Is there anything else I need to ensure before I approach them?

Think from a bank's perspective.A owner-occupied 30 year mortgage is at risk of the borrower losing their income becoming disabled, any number of personal crises.A rental home 30 year mortgage is at risk of the same issues, but you can boot the tenant and find a new one -- thus resolving the issue.I'd argue that rental mortgages are far less risky than conventional mortgages, and the fact is a conventional mortgage is ensured by the federal government "ironclad" so the fact that the pricing is the same when a rental mortgage doesn't have that federal backing really speaks volumes.Let's fund one!

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.

.✅ Verified Income Data – If not paid through a company, checking bank deposits ensures financial stability.A little extra diligence in screening ensures you’re selecting tenants who respect the property and the community—not just ones with a corporate letter.

I would look for someone who is responsive, sends terms quickly, can get you proof of funds letters fast as you are making offers and will analyze the entire deal from the front end to help ensure there will be no road blocks.

If you get a quote significantly below the numbers above you need to ensure that the contractor will actually execute the work and perform it to the required standard.