Thanks, Greg, do you mind sharing the mat for the 12.5% return you mention?

Set up your sources of money when you don't need it and never allow yourself to get strapped.

Dale Sinder - Consider reading "The Self-Directed IRA Handbook" 2nd Edition by Mat Sorensen.

Every tenant I have without a W/D complains of going to the laundry mat for various reason’s .its nasty ( especially in bad neighborhoods) it’s time consuming ,it’s very expensive and often the machines are Grungy from folks taking their greasy mechanic and oil field clothes there .

I thought about buying a big plastic mat to place under the cat litter boxes but if I do so, wouldn't I tell them that I am OK with it?

They will stay longer if they don’t need to go to the laundry mat .

The report indicated there was evidence of water in the basement, which has been a fleeting issue for us, but likely since resolved by a cheap solution -- I found a corrugated rubber mat company that created a thick/heavy mat built to cover flat bilco basement doors.

In lower class areas the laundry mats are very expensive and downright dangerous .

I seriously considered becoming a haz-mat specialist with all the lead paint and asbestos in these houses. 

All income from rents must flow into the IRA and all expenses must flow out of the IRA.A good book to read would be Mat Sorensen's Book-The Self Directed IRA Handbook.