I am going to assuming it's a nice house if it was your primary residence and it's in a nice location. 

I am currently house hacking with an upper/lower setup - I occupy the upper. The lower unit is a basement/guest suite. As I approach my move out strategy where I will be converting my upper unit into a STR, I often th...

Understand the neighborhood and understand what makes a house go up in value and what just makes a house livable. 

With the current language of the statute, after you exhaust Sec. 179 and 168(k), you cannot take them "again" in a future year unless that's part of whatever the new tax bill is going to be.

I'm going to take a wild guess that those are STR or MTR rents, is that correct?

possible big upside for the current SAFE agreement holders.Brentwood.com is a current investor in Lazy Dogs LLC and wants to take it public in a few years. options usually are good for 10 years and at a current Valuation IPOs can go !

If I was going to buy in that area I would go closer to U of L.

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.

Unfortunately each one is worth 25k. thank you  traditional lenders are not going to finance these properties.

I work in WA, not IL.Sounds like similar facts - you need to be licensed if you are going to manage other folks' property.Here, you need to hang your license under a managing broker until you can get your managing brokers license, as brokers can't touch money and do a few other things legally.If it's like WA, you will have to hang your license under a managing broker at a brokerage, and coordinate deposits, contracts, fees with them.If that is the case, ask some brokerages that will allow you to hang your license under them for minimal fees in order to be compliant.