We are starting to do buy and holds within our SDIRAs.We have found due to the nature of the properties which our town has an abundance of - older, inexpensive, converted large homes - that traditional 'non-recourse loans' are net to impossible to get.I am putting together an list of potential lenders and a 'package' to show them as to our plan, and will soon (late this year?)

There could be all kinds of things that would make it pretty impossible for you to sign up a new tenants.Also, with your giving them notice and it's not them wanting to move, they may decide to let you evict them.

If you have something going that can cover you without working a regular job for awhile you will make a lot more traction if you can dedicate as much time as possible to getting going.Not that it is impossible doing it part time but like anything the more time and effort you can give something the better you will get faster.That being said if you are just in between jobs and need to get some income in fairly fast to pay your bills you will need to at least get a part time job to survive.

I know in CA recent state laws designed to "protect the consumer" have made it nearly impossible for mortgage brokers to work with non-accredited trust deed investors thereby, in my view, releasing them to fall victim to real estate investors preying (wittingly or unwittingly) on the unsophisticated.

Even if your question is nearly impossible to answer, especially with the limited information provided, I will tell you this: paying money in rent is NOT throwing money away.

Even if you plan on holding it as a rental and owning it until you leave it to your kids when you die you want to have the option of selling it and bad title will make that hard, and impossible for someone using a bank.Also as far as your timing it doesn't really matter for the title stuff since it will either be clean and you get your title policy and even is great, or there is an issue and the deal will either get canceled or the closing will get delayed until there is a resolution.

It's nearly impossible to finance them.

The other objection is that CA is so tenant friendly, it is impossible to do business here.

I don't think it's impossible to see that this country is going under and great amount of families will be affected.

Without seeing your numbers, it is impossible to say if you have a good deal or not.