The language is weird as well, as the email states: each self-directed IRA LLC is required to have a transaction reviewer, as per article 2 of your LLC Operating Agreement.

People make estimates for cap ex, operating, taxes, insurance, utilities, etc.

It sounds as though you have put no forthought into operating this business.

In addition you'll want to creating a month to month operation plan for the first 2 years just to make sure your own't run out of money before stabilization. 

@David Pham Terrell Johnson I'm the owner/operator at dcm contracting service I'm licensed and insured my prices are very competitive and I have a very extensive renovation portfolio.

Building owners, having tenants in the building, shall post a notice in a common area of the building informing tenants that the owner of the building is required by law to supply and install carbon monoxide alarms in accordance with Section 908 of the Philadelphia Fire Code, and shall provide at least one tenant per dwelling unit or rooming unit with a copy of the manufacturer’s instructions for the alarm to ensure that tenants understand the purpose of carbon monoxide alarms, how they operate and appropriate action to take when an alarm sounds.

This is my first venture with turnkey operations.  

@Justin Worsham and @Luz Pagan - echoing everyone above it boils down to how I operate.

Social workers investing in real estate can operate a secont chance business.There are lower risk fish in the sea.

I work for a commercial mortgage broker that operates in all 50 states including Colorado.