Thank god I got financing at 3.0% for a 5/1 ARM with 10 year ballon amortizes over 30 years.

Go to IREM.org search for ARM certified property managers.

https://www.sparkrent.com/app/tenant-screening/I wonder when it will actually go live, I've been looking for an easy to use online tenant screening service that won't charge me an arm and a leg.

@Anibal BourdierdWelcome.Go to IREM.org search for ARM certified property managers.

No agents and no listings, no hardship documentation, no arms length affidavit.

@Carly Staehlin careful to keep your SDIRA away from any trade or business you engage in as those could be deemed a prohibitated transaction.. basically SDIRA needs to be invested in things that are arms length..

What made me a little alarmed was the minimal disclosure - the broker was representing himself as only the broker for a client who was a corporation - not specifically disclosing that he was associated with the corporation.The letter made it seem like the broker had an arms length client who was interested in the building, but the client was listed as "[Corporation], et al." with "address on file" - basically giving minimal information.Has anyone ever sent a partially executed purchase offer to someone, cold?

@Thierry Van Roy Call three local REIA clubs presidents ask for investor contractors as referrals, do not pay retail.Go to IREM.org search for ARM certified property managers.

There are pros and cons of LLCs:Cons: Need insurance (including umbrella policy)You are restricted to commercial financing; for me that is 5-5-5 ARMs (total mortgage due in 15 years max)You file two tax returns (1 LLC, 1 Personal)Pros: Depending on your state, an LLC offers protection to the assets outside of the LLCLLCs are pass-through tax entities, meaning that any taxes pass through to your personal tax returns.

It has to be arms length transaction so it is highly advisable to have a PM company manage the property and repairs.