We didn’t since we already have teak plantations in Belize and didn’t need to add that type of diversification.  

When you learn to partner with professionals who are well-versed in this segment, most distressed property transactions are quite straightforward.Myth 5: Distressed Properties Are Not Obtainable with FinancingThere is this perception that distressed properties are cash-type deals.

Both of those could put an investor where you are today - unfortunately.I can tell you that I believe I've avoided these types of issues from happening on my deals because I joined coaching programs and had mentors.

Not only will it possibly save you a little money, you'll develop skills and figure out the nuances of real estate investing that you can't learn from a computer.Out of curiosity, what type of properties are you looking to add to your portfolio?

However, it sounds like you are confused about the different types of auctions that exist on Auction.com. 

Quote from @Andrew Steffens: There are probably more experienced people on this type strategy who will hopefully chime in. 

Because my DIT is low, maybe Case 2 for fourplex is my preferred loan type than Case 1 if I want to invest locally.

I'm not the first to build to this design and type of community so I'll be reaching out to the experts when the time comes.

Appreciate any guidance.Best regards  There are a couple of types of SDIRAs.

@Katie Camargo   What we do as a lender on these type of deals is what we can an "as-is 2 step".