All rents you get from this property has to go back into the SDIRA but if you get a 20 year mortgage (that the rent can cover) and can pay the rental off by age 65 you will have turned that $90K into several hundred thousand’s of paid off real estate.

My RA is simple and is auto sent by our PMS as an e-sign and filed to their folio once completed. 

I feel terrible walking away...but i was under incredible stress (not sleeping and eating like crap) trying to figure it out and make the quotes work by paring back finishes.

We are expecting major migration to the area due to the billions of dollars of investment made by large companies.

@Lindsey Konchar I agree with Luckson. 2.25% will be hard to come by again.

I would love to be introduced to equity partners and lenders as I have a potential deal that I want to present an offer - but struggling with the 25% equity required by most institutional banks.Thanks again!

The answers to most of your questions can be found just by searching in BP or online. 

And by the way, good for you guys for getting started early.

Where you fall in that range will be dictated by bedroom count per unit and the quality of the area/building itself.

And my #1 issue is I don't see any actions to address this in a meaningful, market specific manner.