He also did the pads and concrete work on all.  

They probably wouldn't appreciate me doing it in pen on a yellow pad of paper which is how most of them have been done.

After a certain grade and pad...

More like the custom car that you have to pump the gas 3 times, hit the brake, pump the gas again, then turn the key to get it to turn over.

Say you want XX# pad with a renters grade carpet with an all in material costs of $XXX.Discuss where you want to be on price up front and ask the contractor for options. 

A few things to consider:*  All expenses of the asset must be paid for by the IRA so leave a 10% pad in your account.*  Non-Recourse lending is available, but it can lead to a tax on your IRA called UDFI.*  All proceeds from the property must return to the IRA (not to you personally).*  The LLCs you have today are personal. 

It's always good to pad your budget by 20% for unexpected things.... you find asbestos, or as you start demo you find there is more termite damage or pest problems that have been eradicated but left residual damage, etc... 

I nearly pulled the trigger with exp last month but have decided to pump the brakes while I adjust to some other fairly large changes I've made with my brokerage. 

Let’s say a typical park of 10 pads with all occupied and are TOH.

Usually lenders that offer this just pad the cost with a higher interest rate (known as a rebate).