Opportunities will naturally present themselves as you continue learning.

Its "cash and carry" nature and reliance on personal connections create significant barriers to entry, especially for individual investors or newcomers.

This is a natural pressure release valve for high rent and prices. 

Flooring: A lighter or mid gray lvp to compliment (~$3 sq ft material) Cabinets: White shaker style (Lowes/Home Depot, Readily Available with little lead time) Countertops: White Quartz with black veining to match black matte finishes if the return on investment is there or just a nicer laminate (calacatta marble natural stone look)Finishes: Black matte for a modern look or the classic brushed nickel.

Hi Arya,To appropriately model this, in my opinion I would add a minimum of 10% vacancy due to the commercial nature of the building.

However, their 38 page Prop Mgmt Agreement for OneRate is daunting--it lists many exclusions to their obligations such as any damage caused by force to a surface (whether from tenants, animals, roots, wind or other force of nature, etc).

A lot of this is based on human nature.  

There are companies that are vertically integrated that can walk you from start to finish with the investment so naturally the interests will be mutually aligned.

Naturally they are talking with tax professionals, however most of them are not very knowledgeable about SDIRA's- hence this post to you all!

Of course we'll have to go through municipality zoning processes, but that's the nature of what we do.