Our agent is not an expert on this type of deal but suggested a short loan term of 3 or 4 years and a balloon payment and written up by a lawyer. 

Quote from @Ryan Daulton: Since learning that cash flow from real estate that was purchased from self-directed IRAs is taxed, and that I would not be able to claim depreciation on this property, what are the advantages to buying real estate with self-directed IRAs vs. other investment types like stocks and mutual funds?  

Ideally they did not pay over retail because if they did they could easily lose the money they put into the property if the loan gets called.  

To get things started was curious from those that have already taken the leap as to what type of secondary analysis you all are doing when you find a potential property?

Keep the timeline to own minimum 7-8 years, ideally 12-15.

Type Line Item Fee Fixed Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $600 Variable Fees Business Hour Service Calls $90/hour + Materials Cost + Tax After Hour Service Calls $120/hour + Materials Cost + Tax 3rd Party Coordination HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Negotiated Vendor Cost + 10% Oversight Fee  

To ensure a smooth process, I am seeking a referral to high-performing real estate agents with experience assisting military members in navigating this journey.Attached to this message is a link detailing the basic criteria for the type of property I am looking for.Thank you in advance for your assistance and support!

The type of the neighborhoods where his properties were located didn't fit in with my plan but he did well and the purchase costs were low.

Thriving financially is one aspect; the human side keeps people engaged and loyal.Do expectations vary by property type or asset class?

Depending on your goals and how you are buying your properties you may notice that certain areas are difficult to cash flow in NH depending on your strategy and what type(s) of properties you are looking at.