@Ryan Daulton,You don't have to buy a house in SDIRA without a loan; you can easily get a loan, but it must be non-recourse.

Provide clear instructions on where and how to pay to avoid confusion.Recover Security Deposits: The current property manager is legally obligated to transfer tenant security deposits to you or the new management company.

Also, securing financing is no different than site built unless you're dealing with  someone that has no experience originating loans. 

I would say the same for employees who need say a second advance on their wages (we allow one).I am willing to make a personal loan if an employee really needs it and you could consider doing it that way with a tenant in need.

It sounds like the issue is with the Debt Service Coverage Ratio (DSCR), which lenders often use to determine how much they’re willing to loan.

The counterclaim states that since the deed in lieu language was part of the loan, the entire loan is invalid.

Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan. 

Security systems are easily outsmarted, that’s the point of the initial visit, to case the joint. 

you can use a DSCR loan if your DTI is too high for conventional. 

A couple of months ago, I purchased a property using a hard money loan for $115,000.