The materials cost sounds kind of high but the labor is not too crazy imo.

I no longer qualified for traditional financing because I already own many rental properties and my DTI was high for the bank, so I purchased these in a business entity with a trusted private investor and was able to refi the 1st property/sell the 2nd property to pay back my investor and ultimately keep the better property for zero money down.

I figure it could be a decent time to buy soon while it seems to be somewhat of a buyers market given high rates as I could be cash buyer.

We have properties on the far Northside (Libertyville - great appreciation, low cash flow, & low crime), westside (Cicero - Low appreciation, great cash flow, & medium hassle) and Southside (Greater grand-crossing - low appreciation, great cashflow, & high hassle)Are you asking for your own potential investing?

I've looked high and low and I have to hand it to Joshua Dorkin and his team!

Even if you put it in a high yield savings account (less risky than the stock market), you should get a higher rate of return.

The LLC should help you lower transaction costs since you as the LLC Manager can buy/sell property, taxes, etc by writing checks from the LLC's business account.I rolled my SDIRA from Equity Trust, no LLC (poor service, high fees) to Madison Trust w/LLC about 6 years ago.

If the fee is too high a magistrate may balk at it.

What’s great about the DSCR is if you have good credit and a lower LTV the rates are better than most conventional rates right now.Cash out is set at 75% LTV there are some 80% options but the rates in most cases are too high to debt ratio at the required DSCR ratio usually 1.00% or equal to PITI/ITI.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.