Business is cut throats and some people just want you to lose.

But all this depends how much equity you think the property will have at that time, because ARMS can also get you in trouble...I also love the spreadsheet layout, very clear cut & precise with the numbers!

So the next day I got a Uhaul and with the help of my children cut it into manageable pieces and hauled it to the dump.

Foundations are not something we ever want to try and cut corners or "go cheap" on as it will bite you seriously hard in the future......There are times when I have wanted to save money and wished I would have just paid what it would take to execute the job right up front,,,, causes much less heart and headache in the future.... 

Consider finishing several inches of the outside edges of the treads and risers, and doing a carpet runner in a simple but very elegant material, different from the upstairs, maybe in a subtle pattern.Then, gotta replace all that outdated tile in what I assume is the entry, and make that guest bath an absolute KNOCKOUT! 

We are looking for someone who would like to manage the process and in return get a cut of the profit.  

You can improve marketing, revenue streams, cut expenses just like any other property for the value add.

I suggest cutting three months down to one month for the elapsed time until your next maintenance inspection.

What happens if you have a roof that needs replacement or a tree that needs to be cut down?

A "note" cannot be construed so that the IRA receives a cut of the profits, otherwise this becomes viewed as equity in the deal and now subject to UBIT.Lending may not be as profitable for your IRA as flipping, even with UBIT.