It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

In fact, a personal guarantee would be irrelevant if pursued in this scenario.This doesn’t happen often, but as lenders, we're leery of doing business with anyone who won’t agree to a guarantee.

@Roy Loganeither1. your own direct marketing to property owners, or 2. through someone else (a wholesaler, another investor, your network, your uncle's neighbor who wants to sell their house and doesn't want to list it and tells your uncle)

The only change I have is I'm a little bear-ish on Lubbock overall - its a very linear market that doesn't have a ton of "job pull" like other markets have (tech/aerospace).

@Richard NguyenI just set up my first SDIRA a month or so ago, so I haven't had enough time to speak too much about experience, but the company I'm using (recommended by my CPA) doesn't charge AUM type fees. 

Use tools like a deal analyzer to double-check.Start Small: It doesn’t have to be a grand slam.

What happens if the emergency is at 2 am and your cleaner doesn't respond? 

However, there are two other possibilities when an investment doesn’t work out.

This doesn't help with property coverage.Try American Modern.

Hard money usually doesn’t fund the initial down payment but most of the foreclosures are closed using hard money loans.