Before signing a contract with the tenant request a Proof of Funds if they are paying cash or a pre-approval if they are going to get financing.

Being in the field of physical therapy myself, I know that these students come from all over the U.S. and have difficulties finding places to rent in this very low-income and rural town.

Hey Ashley,Section 8 provides a subsidy to low-income tenants to help cover their rent, with the amount varying based on factors like local housing costs and tenant income.

It is now being forecasted as one of the fastest growing markets in the U.S. and prices are still relatively low.

However the lenders will want to see the permitting completed before they fund their loan.

Credit history and sourcing funds for down payment / closing will be a factor in the pricing of the loan. 

My clients who bought prior to 2022 are doing very well right now as rental rates are up and they've locked their low rates in till 2027 at least.

Yet, I barely survive thanks only to the pandemic era low interest rates and tax abatement.

This deal was financed through three funding rounds over the approximate 18-month time frame for the renovation and construction of new tiny homes.

I’m in the same situation and have the funds in an inherited IRA at the moment.If I convert this to a self-directed IRA, do the same rules apply as if this was a ‘self-directed IRA?”