I had two properties appraised recently, one for refinance and one for other purpose. 

Merely posting for education purposes based on my experience working in the self-directed IRA industry for over 15 years.

I’ve already reached out to a few property management companies, and while they would handle most of the responsibilities, they’ve informed me that we’d likely rent the property for $500-$600 less than our mortgage payment.

The responsible time to begin raising capital is once you’ve taken projects through full life cycles (hopefully some with success). 

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

there are 12 to 15 states that require state Mortgage lender license and NMLS registration to make any loan on a 1 to 4 unit regardless if its owner occ or investor so yes many HML / PML are licensed But.The rest of the states require NO license or registration to make Non owner occ commercial purpose loans on any homes or commercial property.

I do not suggest buying it and renting it to him because then you'll be responsible for the 20-25% down + maintenance + cap X 5.

I left my information for the supervisor and he contacted me today, after I received a response on Monday the 17th from Brian Aguirre, the National Account Manager from The Home Depot.

It was a fair response until the last sentence about shooting him a message.

Thanks for your response Greg.