Call cops if they keep returning. 

If they pass the screening, also find out who is paying the deposit as that is the person you will be returning it to once they leave.

Selling the property within your Solo 401(k) and returning the proceeds to the account simplifies compliance and ensures tax-deferred growth (or tax-free in a Roth Solo 401(k.)).

If you go self-employed, youll need two years tax returns.

Another note on construction cost, going vertical is very expensive now and would require have a great connect with a developer and a builder in the area.See what rents are in the area and run the numbers to ensure the rents will cover your costs and give you a solid return—using the 1% rule can help.

The workshop shows how SDIRA owners can earn double-digit returns by owning real estate as a bank. 

In this situation we have a former-tenant  hyper sensitive to return of full security deposit (when unit wasn’t returned in good condition) and we are  experiencing a few unique damages.

The terms would be quite lucrative for the cash provider, they would be looking at a 30% return on their $$ in 2 years*

Those types of properties can bring in good returns, but the management can be intensive, and finding reliable tenants for both residential and commercial spaces might take some work.

Spend some time considering how the repairs will get you a return on investment.