You can transfer the rental to an LLC after the purchase, though this may trigger the due-on-sale clause, so check with your lender.This post does not create a CPA-Client relationship.

Jammed garbage disposals are a tenant responsibility and they should have paid the bill.Your property manager is going to suck you dry.

Getting a building permit is rarely a cut and dry process.

That comes when you've started looking at properties you could actually buy and you start over analyzing because you're afraid to pull the trigger.I experienced this in a different fashion when we bought a property and we were gutting our first kitchen and I didn't want to pull the trigger because I was a little afraid of just ripping everything out and what would actually happen.

Having family there and a pretty good market, time to pull the trigger. 

I don't love it, but if I could make a 20% cash on cash return (or the return of your liking), I'd pull the trigger.

Thank you,Nirav Since you already pulled the trigger...and are a limited partner...this means you have the benefits of that (i.e. no liability beyond your investment) in exchange for generally having no ability to vote or have a say in how the investment is managed. 

Hey Art, When investing in real estate within a Self-Directed IRA, using leverage can trigger Unrelated Debt-Financed Income (UDFI), which may lead to Unrelated Business Income Tax (UBIT) on the portion of income derived from the leveraged percentage.

It was foreclosures in the beginning, once that source dried up we went hard on short sales.

The two years of residence would tick back from when you lived in the home, which concluded in Sept 2021.The other piece to keep in mind, and again, I don't know where abroad you are living, but I would also consult a tax accountant familiar with the tax laws of that country, and the US tax treaty with that country, to confirm a gain wouldn't be inadvertently triggered for your country of residence.