One more great reason to have a great accountant guiding you like these folks posting above!!

I used my Self-Directed Retirement Accounts to loan on several sheriff sale auction properties in the past.

Sometime in the next month or 2 we plan to choose the exact property.Short-term goal: Buy a turnkey single family or duplex which cashflows even after accounting for management and saving for future vacancies, maintenance and capex.

Will they have to contact their bank ask to set up a recurring deposit to my account?

How is a join account seen if is my brother me on it?

Needing to track everything from rentals, scheduling, leases, accounting and marketing - it was a big Ask!

Just update that lighting to make it look warmer and you should be good to go.I would create a separate bank account for the place.

If you are identifying individual private money lenders, you can consider having a conversation with them about using their IRA, previous employer 401ks, or other retirement accounts.

It is one thing to land a National account, quite another to get some guy that has set up a one man corporation with fast talk and nothing to back it up.

That said, for all reservations we collect payments on (this includes VRBO since we have an integrated account through our PMS) our charging schedule mirrors the reservation cancellation policy.