The summer before my senior year I was looking for a job and unintentionally got my foot in the door for real estate with an internship through my school at a property management company. 

____________So, my last rental ended up being a BRRRR, but it was unintentional as we were over budget and decided to rent and refi instead.Purchased - $18,0000Rehab - $71,000Holding costs during rehab - $3,200All-in - almost $93kARV (appraisal) - $122kRefi amount - $77k (we chose this number to ensure cash flow.)Mortgage - $453/moFirst year rent - $895/moLong-term investment - $16kLast years cash flow - $1,100 (6.875% COC ROI)Rent at second year - $950/mo (we should be close to 10% COC ROI this year)We have about $50k equity in the deal as it sits right now.This is not including the fact that we have $10k sitting in the bank for reserves.

The investor could easily and unintentionally disburse funds out of the "check book" that is part of the LLC that was set-up and owned by the SDIRA that could be considered a prohibited transaction. 

It became an unintentional rental when it would not sell (the development is still being built) in time for us to settle on the single family home we recently moved into.

I see above my post came out unintentionally wrong.

@Dan DiFilippo It is unintentional.

Most agents are bad on reading instructions (and a few other things), but an equal amount of them can't figure out how to set up Showintime correctly and unintentionally will block all day etc..The other issue is that it will not show up well on mobile devices. 

I've had incidences of co-mingling funds unintentionally and some other mistakes.

Essentially a no foot traffic zone because any disturbance left patches of exposed weed screen and caused an unintentional intermingling of the rocks and mulch.

Investment Info:

Single-family residence other investment in Farmington.

Purchase price: $90,000

Cash invested: $13,000

Sale price: $122,000

This was originally going to be a buy and hold propert...