@Jim Stanley Keep in mind any expenses of your SDIRA asset must be paid for by the account that owns that asset. 

This seems to follow the general overall trend of lower cost areas winning at the expense of those with a high costs of living.

I do have a quality builder that could facilitate the build but not required for JV.Is this enough to bring to the table?

It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.

This may result in lower rents and recoverable expenses, but it avoids a future lawsuit against you.

. // Differences in Control & Management TIC: All owners collectively manage the property, often requiring group decisions on maintenance and sales.

The bank said they require 90% owner occupancy and since our HOA is only 5 units, we only have 80% of units occupied by owner. does anyone have any suggestions on any banks or credit unions where this may not be an issue? 

The paid version for sales has a lot more is not crazy expensive for a SaaS.

If the permit wasn’t required, I wouldn’t have pursued the replacement at this time.

It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.