Consult with competent legal counsel to guide you regardless of your choice here.

He has a knack for making bad choices. 

He prefers to stay in his comfort zone rather than risk feeling inadequate or rejected in a relationship that would challenge him to grow.By creating a narrative that vilifies attractive women, Jake shields himself from the discomfort of confronting his insecurities.This is very similar to how people feel about building a business, investing in real estate, starting a new hobby, or creating new relationships.

Quote from @Conrado Balicusto: Quote from @Chris Seveney: @Ryan DaultonWe use it for private lending - because the tax benefits are lost with real estate When lending usually it’s taxed at ordinary income rates if using your own cash so using a sdira I prefer for lending and my w2 income savings for real estate to maximize tax efficiency  Thank you for the insight on private lending and tax efficiency.

Quote from @Alyssa Dinson: Hi everyone, I live in California and have been meeting a lot of investors who prefer to invest out of state due to California being so expensive as well as the aggressive tenant protection laws we have here.

If not, ride out the 12 months with the hard money lender.People have to make good choices and not over extend themselves just for the sake of buying something they really can't afford or that doesn't make good cash flow.

That sounds like a lot of work and I'm sure he would prefer to avoid that work and just sell it for $1.9m or $2.0m.if I were to buy it from him, to get to cash flow neutral I would need to increase rent on all 6 units to market rates and my monthly payment would need to be close to $6.2k/month, which would be $100k down payment, $1.7m loan with seller financing at 2% interest rate and flexible ballon payment.What would you do if you were me? 

They’re not a standard DSCR collateral choice.

Cleveland wouldn't be my market of choice given how old most of the houses are, but I know a lot of investors who have success there, so it's definitely viable.

(We are working on a generalized survey to collect info on our buyers/potential buyers so we can make sure we understand who our customers are while trying to dial in their preferences and patterns.)You are doing great things.