I hope someone can shed some light on this topic for me as I am eager to start. 

M.This was exactly what I was expecting from everyone:Terms - needs work - seller has equity - sub 2 - plus note, no payments on note, single payment due at maturity.Please can you throw more light on how you will structure this type of terms using our example with $50k equity? 

Most reports can be delivered in about 4-7 days after inspection takes place and include conference calls immediately afterward to discuss immediate capital needs or any items that may arise during the inspection that would be deemed relevant to the completion of the deal going hard.Property Condition Assessment Inspection Fee TableFees are based on a per door rate as follows,Basic $375.00 per door Includes a visual inspection of foundation, exterior skin, common area, site lighting, life safety systems, roof condition (from ground), interior condition assessment of units up to 75% if accessible.

Maybe there is somebody out there who was successful at this and could shed some light for the benefit of all of us.

Are your responsible for any property utility cost such as a exterior light?

We focus on building science and trying to figure out why things are happening rather than saying that the light switch is broken.  

The glass blocks are waterproof, look good, let light in, you can't see through them, and they cost $175-$225 for materials and labor.

I am a Project Engineer for a Heavy Civil Contractor and spent my time working through school building houses and light commercial properties.We just recently got approved for a USDA loan and are looking for our first place, preferably a duplex or something with an unfinished basement I can finish out and out a rental in.

Since John has shown that the 6% rate is the current fair market charge of mortgage interest and has shown in his letter of intent that the transaction exclusively benefits the IRA (in that it will receive a fair 6% rate of return) and that John himself is not personally benefitting from the IRA, the IRS approves his transaction and he has the green light to proceed.That all said, the idea of forming a small group of SDI owners who loan to each other and the funds are then used to benefit you personally outside the IRA (in addition to benefitting the IRA itself) could still be viewed by the IRS as a prohibited transaction as a whole.

Oh they told me even animals like to sleep so lights and sound help keep them from nesting.