As I said, if you don't have the controls in place to handle it, it may be wise to avoid.Those properties have been sitting on the market for quite some time too.

(Or perhaps they want a better interest rate.)In return for you co-signing on the loan, they would be sharing a portion of the profits from whatever venture they are using the loan for.

That keeps you in control as you are 100% funding the purchase and construction costs.

I can now purchase properties through my SDIRA LLC with checkbook control.

Also, seal the ant entrances to the domicile and use a good perimeter spray product.Inform the tenant that effective pest control takes a team effort and that it can take some time to eliminate the problem.

Good luck to your real estate business venture.

If you are 18 and thinking along these lines, you are setting yourself up to win in the long run in a huge way.Take control of that house.  

Going to need more information and pictures to even venture a guess.  

How do you report a cap rate as you do not control the sales price?  

I would like to find a Partner or do a Joint Venture with someone.