No maintenance/cap ex, vacancy, PM, book keeping, asset protection, miscellaneous, etc.his actual cash flow when properly allocating for sustained expenses is a fraction of his advertised cash flow.  

Another key benefit is diversification; an SDIRA allows you to include real estate in your portfolio, reducing risk by spreading your investments across different asset types, which isn’t possible with a standard IRA.Moreover, assets in an SDIRA often enjoy protection from creditors, adding a layer of security to your investments.

This agreement with your general contractor acts as a roadmap, with clear expectations and protection for all parties involved.One frequent mistake is the failure to include sufficient detail or being too vague.

The big thing is always focus on protecting the public, disclose, and take care of people.

remember, these are NOT conforming loans, so all the consumer protections one might be used to having aren't there.

As a side note, FDIC insurance protects depositor money, not debt.

There's no way to guarantee things won't break, there are only ways to protect yourself financially so you can replace those items.

Apprehended illegals will still be afforded due process (I presume since this is constitutionally protected for everyone in the United States). 

Licensing can be such a maze to navigate, but getting it right is key to protecting your projects and investments.

Figure out ways to enforce rules to protect yourself and the other renters.