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".

You might consider hard money for the initial purchase or going with a DSCR type lender if you find something that is more turnkey.Hey!

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.

Multifamily is not as volatile as single family because when the real estate markets experience any type of correction, people flee to multifamily residences.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

To save my fingers from typing the same thing over and over, I wrote a blog on BP with my tips and tricks.

Sellers who are in financial distress or dealing with a property in poor condition might be more open to this type of arrangement if it helps them get back on their feet.The key to making this work is transparency and clear communication.

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

If you're thinking input into Excel or Sheets, then yes...I would expect everyone does this today.If you're thinking you type in "Riverside  Apartments" value on ChatGPT, I don't know that that ever works.