How did you find this deal and how did you negotiate it?

One-person rental units are in the highest demand, and co-living directly appeals to this market.

Hey,I am curious if any of you have found good deals on the market that were listed on the MLS for a long time (90+ days). 

And how are you currently finding deals?

I've picked up several really good deals because a tenant operator ran the business into the ground to a point where the property owners just wanted or needed out. 

This involves converting the partners' interests in the LLC into direct ownership of the property.

I sent you a direct message, and I'd like to connect and speak directly with you before responding to your post. 

A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.

I'd recommend having enough to close on the deal + rehab + $5k in reserve as a minimum. 

If you had $50K in a Self direct IRA how would you leverage that to yield short and long term dividends?