Nashville’s vibrant culture and Memphis’s affordability make them attractive for investors.Investing out of state can lead to higher returns, especially since many of these markets offer better opportunities compared to Minnesota.

Hey Art, When investing in real estate within a Self-Directed IRA, using leverage can trigger Unrelated Debt-Financed Income (UDFI), which may lead to Unrelated Business Income Tax (UBIT) on the portion of income derived from the leveraged percentage.

When a loan is brokered out, it often leads to uncertainty because the originator may not have all the details upfront, especially if the lender's preferences change or they're not familiar with recent updates.

That way they can better control deal flow, and also can convert more of those leads to a profit.  

I think I'm going to get my realtor license in some of these states I do the most buying/selling in so that I can turn some of the leads I get into revenue from the people who want to sell but just not at my low offer numbers. 

This may lead to a lease limitation so you don't have them parking inappropriately.

The goal is immediate cashflow that will quickly increase as we fix-up and/or lease up the properties, which ultimately will lead to a higher property value and a cash-out refi within the 5-year term.Do you happen to know of any good portfolio, bridge, and/or DSCR lenders, private or otherwise, that may be willing to work with such a scenario?

All of the NoCo franchises are jointly owned.

My wife and I file separate because if we filed jointly we would have to pay 10% of our combined taxable income.

Primary one would be a deep recession leading to an inability to fill the building with tenants willing and able to pay the projected rent.