To get to this level, I feel I need to grow to hire my own employee to be property manager, as I haven't yet met a PM firm who would get close.

Hopefully we can resolve this at the lowest possible level. I

What is your experience level? I

Hello All,Relative to SDIRAs, I see the form 5498 is filed each year with the IRS for contributions or current account value; or 990-T for UBIT-related.Would anyone happen to know what is filed at the State level (I expect this is rather variable by State).

Any professional tenant would know that any penalty I levee against them can only get me into small claims court- but a notice to quit is a different story.Some people choose to cut the weed and try and make a little scratch.

My plan is to talk to this investor, see what his interest level is, and then move forward with finding a deal IF he wants to invest with me.

I was going to be a correspondent with them but it was too much work for a point.. but based on my experience level I was able to get 2 points and 8.2 %  that's about as good of hard money as I have seen.. some guys in SF and LA are 1 and 9 or so.still needed equity though and we have to front the draws and get reimbursed.. so it takes quite a bit of capital to get the lower rates from these guys.. so far they are pretty decent though. 

It's zoned something called "AO" which is "Apartment/Office". 

Their income level is likely a result of their social standards as opposed to the reverse.

So just choose your AO properly with a lot of research.....