Normally when people ask about something like this, they are looking for a quick way to survey markets, but that's not a great idea if you guys are brand new.

I was doing non recourse SIDRA loans and the students would put 50% down and I would fund the balance.. normally sold 20 to 30 homes that last day and I probably financed 10 of them or so..

I would look for a custodian who does not charge a fee based on your assets.I normally see the costs being A one time set-up fee along with an annual reoccuring fee.The thing you want when opening up an SDIRA is that the return that you will make with alternative investments will be greater than the fee that is charged to you for the SDIRA plus the return you would have likely gotten with a regular IRA.

Unfortunately very few who seek out these assets take the time to consider their exit and fail to realize they are the most costly assets to exit, let me explain why: Here's how that disposition process to an owner occupant looks: -You will incur turn over expenses associated with vacating the tenant in preparation of the sale -The natural buyer in this price point is the FHA buyer who will normally seek a 5-6% seller assist  -Passing a Section 8 inspection/preparing a home for a low income tenant is very different than the expectations of a home owner,   particularly the FHA buyer who cannot afford to take on any deferred maintenance.

So, bad situations are simply part of the work of the landlord, absolutely NOT something to be afraid of only something to be prepared for.Tenants are like tires on your car.

This trabct has a farmhouse 3 bed 2 bath, 4 car garage, and two barns.

Normally, this fee is added when it is a flat fee service, or the owner is difficult to work with on pricing.Working with contractors is a difficult task filled with frustrations and missing timelines.

So how do you normally approach these conversations when you are negotating.

Thanks Andy, selling a property and 2 lost with equity to pay some credit car deb and generate quick cash.

My estimate is that maybe 1 out of 10 “normal” properties are not redeemed.