----------------------------------------------------------------------Property type - 2 duplexesFannie Mae REOPurchase price $369,000 (includes $40k renovation)Financing - FHA 203(k)Down payment - $8559Out of pocket renovation - $20,000Rebate - $1500Final out of pocket - $27059Here's the monthly cash flow -Duplex 1PITI - $1467.50Unit A rent - $1100 (below market - this is a family member)Unit B rent - $125015% vacancy/maintenance reserve - $352.50Net income - $530Duplex 2PITI - $1467.50Unit C - owner occupiedUnit D - 20% personal use, 80% vacation rental - $1500 (average)15% vacancy/maintenance reserve - $225Additional VR expense - $450Monthly loss - $642 <--- Not quite living for free, but not bad...and my in-laws have their own apartment when they visit!

Originally posted by Jon K.

I agree with K.

Nick K.

Thanks Bryan K.

I'm going to go look at the property tomorrow to see if there are any glaring deficiencies before putting down the option fee.

This duplex is in a good neighborhood, probably 8 out of 10max.Good (9 out of 10max) K-8 school.In better parts of CA, I think it is hard to get 10 cap.

You may just consider comparing the traditional SDIRA model to the C corp (solo k) or even checkbook IRA model.

Yes K.

Jon K. - I might dub you the resident stats keeper!