@Jay G.You may not mix personal funds with IRA funds or put a personal guarantee on any debt instrument associated with the IRA.You would need to joint-venture with another investor who is not a disqualified party to your IRA, or utilize a non-recourse loan -  likely from a private lender in the situation you describe.

Any alteration, change or modification of or to this Note, In order to become effective, shall be made by written instrument executed by both the Lender and the Borrower.SIGNATRES AND NOTARIZATION BELOW--------------I showed this to my attorney, not specialized in REI, and she said it's missing a ton of other aspects.

I too did research and found your post instrumental in choosing Memphis Invest.I do have a few questions for you (if you don't mind): You calculated only 3% of rent towards CapEx, isn't this too low?

More musicians and not enough instruments.

What a long road to haul.As I understand it, as I have never reviewed one of their instruments, the family is obligated and the obligation is to some extent automatically assumed upon the passing of the elderly family member.  

Sounds like a Joint Venture Agreement would be the best instrument to outline your investment partnership.

However, he was instrumental in the development of index funds.

Pulliam Properties has developed many outstanding commercial, retail, office and industrial properties in Western North Carolina and has been instrumental in helping many major commercial companies to locate their facilities in the Asheville/Buncombe County area.An accomplished athlete, Rusty was named Western North Carolina’s high school baseball player of the year in 1976 and was later inducted into the Montreat College Sports Hall of Fame in 2002.he is a licensed real estate broker in both North and South Carolina, has served as a member of the Board of Directors for the Asheville Chamber of Commerce, first citizens Bank, Ralph Sexton ministries, and the YMCA.Will 2016 be a record year for commercial real estate investments in the Asheville area?

Pulliam Properties has developed many outstanding commercial, retail, office and industrial properties in Western North Carolina and has been instrumental in helping many major commercial companies to locate their facilities in the Asheville/Buncombe County area.An accomplished athlete, Rusty was named Western North Carolina’s high school baseball player of the year in 1976 and was later inducted into the Montreat College Sports Hall of Fame in 2002.he is a licensed real estate broker in both North and South Carolina, has served as a member of the Board of Directors for the Asheville Chamber of Commerce, first citizens Bank, Ralph Sexton ministries, and the YMCA.Will 2016 be a record year for commercial real estate investments in the Asheville area?

(I know the price and time are huge variables, just wanting a ballpark from some of you that may do these)-What other creative instruments or methods can one use to make this deal happen?