Quote from @Briley Roe:  yes those fees are very high as you have a broker fee and other fees for a loan little over $100k at 6+ points. 

In the past two years we have completed over a dozen flips, We are holding 20 rental units self managed and 2 self managed Air BnBs.

Michael Mergell (self), the Investor's Broker

Was able to get a meeting with the seller and negotiated using evolving knowledge of construction and deal analysis in addition to discovering seller motivation through direct contact.

Sorry to hear your self managing isn't going as planned...finding good tenants is tricky!

For long-term growth, consider newer single-family homes in high-appreciation suburbs or well-located small multi-family properties.

We self-manage our five-unit property with both—while RentRedi's reports can be clunky, Stessa offers much better reporting.

Multiple people had some bad things to say about the area, but when I moved and realized that it was a low income area with a lot of homeowners, I was motivated to improve the property to match the effort my neighbors have put in. 

Many opt for other investing methods in their SDIRA like private lending, crypto, private equity...anything except collectibles and life insurance.Note that a Solo 401k is exempt from UBIT on leveraged real estate so if you have self employment activity and no full time employees save for you and your spouse you should consider the Solo K as an option. 

It also can be great for keeping you motivated and plugged in to the industry.Even if you don't get a real estate license, consider taking the licensing classes because it will give you some foundational knowledge for how real estate law works. 5.