Who really cares, so long as it gets properly remedied. 

I was blessed to have money gifted to me from my parents from their LOC (line of credit). The LOC comes with a monthly payment which I am looking to pay so I get that tax benefit. I'm looking for advice on the best wa...

I think we are just returning to balance.. 09 to 2014 was not normal buying time it was a once in a lifetime buying opp the last one that great was during the great depression.. we cannot judge everything based on those metrics.. 

I think it all boils down to knowing the neighborhood, property and doing your due diligence properly and really knowing the property and deal inside out like Jim does. 

Interest applied to the original Loan amount, and not to the remaining balance.2 - 20 year term to payoff.3 - Payments would be made monthly for P & I.4 - Interest over 20 years @ 10%/year = $10k/year for each loan.5 - Principle payoff per year = $5k/yr/loan6 - TOTAL coverage needed = $15k/yr/loan or $30k/yr based on $200k in loans (both loans)This allows you to use the funds as many times as you want, but only have to pay for these funds once. 

And yes you should have the proper insurance as well.

Paint every surface that can't be cleaned enough to look acceptable and ensure all the mechanicals are working properly.

I have immersed myself heavily in studying real estate investing and understanding how to properly evaluate deals.

Creating terms is all about balance.

If Ihave a properly arranged SDIRA, and put the property into an LLC owned by my IRA, can I take payments in exchange for the landlording work?