If I was the originator on this loan (loan officer, lender, or whatever title is used), I would have made this restriction very clear to my borrower if they had explained that they wanted to eventually use the property as a rental.

The property sat on the market another 3 months and eventually sold for $25,000 less than I was under contract for.

And eventually or even now, go to Real Estate Events all around Chicago, most of them are free and you can find the events on Meetup.com or Eventbrite.com (my company also hosts a lot of events every month that are free @A&N Mortgage which you can find on Meetup.com).Good Luck!

I think Rob provides great value in his videos and was wondering if anyone has joined any of his courses before.

The truth is that investing in real estate through an SDIRA can often cause you to pay much more tax than if you took the money out, paid the tax, and liberated your money to invest in real estate.Most of the people I know that started using SDIRAs to invest in real estate, eventually pull it all out to invest outside the SDIRA.

Our children are at $100 and $63/month passive income on the homes that will eventually be their first rental properties!

Hello  @Thomas Sheehan,If your goal is to invest in an apartment where you don't have to concern yourself with maintenance and cap Ex, this deal (or perhaps another with similar rents and lower price) could make sense.The downside to deals like this is that your rents could eventually hit a ceiling as newer apartments (some with more amenities) become available.

I eventually gave up on the four unit and ended up buying a six unit for my first deal. 

As for the window blind, I told the PM that if the tenant complaints multiple times, I would just replace it eventually.

The market was very favorable from 2012-2021 for this type of thing, but eventually I would think the house of cards they have built will fall down (probably starting now as I saw they have recently tried to sell some projects off at prices that nobody would ever pay, including one of my buildings they bought for way too much, which is still worth less than than they paid for it but they are asking way, way more).