Makes a lot of sense for a SD IRA/retirement account due to lower transactions vs a rental, you are buying the note at a discount, and getting double digit returns as a banker.

Hi Rob,Good questions.In general the Las Vegas purchases will be trophy properties, low to mid single digit RoI is all he is looking for, especially if it's on the strip.

The "single digit rates are rare" commentary should specify that it is applicable to hard money / private money, and not to Agency (fannie/freddie/etc) lending. 

Order your digital copy here.

We use Appfolio; digital leases, call center, tenant liability insurance, etc. high key recommend it.

- Is it even possible to get rentals to cashflow with HML interest rates in the double digits?

Desert area where summers can reach triple digits.

You can also have them stored at a custodian such as Richmond Monroe or Orion/Metasource for a low monthly fee, and they will make digital copies of everything for you which can access online. 

When you are investing in a high cash flow market where properties are below 100K and returns are in the double digits its foolish to think that there will not be issues along the way. 

One other trick, the temperature on most digital thermostats can be ‘adjusted’ about 3 degrees up or down.