@Thomas Farrell The BRRRR strategy can be effective with $400K in capital, especially in a market like Augusta, GA, offering affordability and rental demand.

The obvious downside, however, is that they’ll offer higher interest rates to compensate for the added credit risk.If you’re willing to submit to a traditional underwriting process, I’m pretty sure you’ll be able to find a rate that’s several percentage points lower than what you’re being offered now.

Lenders often require 30-40% down.Cash flow considerations – Since all expenses must be paid from your IRA, maintain liquidity to cover unexpected costs like repairs and vacancies.Rental properties vs. commercial deals – Residential rentals and commercial properties can both be great options, but keep in mind management complexity and income stability.Generally speaking, stay compliant – Avoid prohibited transactions, such as personally guaranteeing a loan, living in or personally managing a property, or transacting with disqualified persons (yourself, spouse, ascendants, or descendants).Diversify your portfolio – While syndications and real estate are great, consider mixing in other alternative assets like private lending, tax liens, or even notes for additional risk management.Work with the right custodian – Make sure your SDIRA custodian is well-versed in alternative investments and has experience handling syndications and non-recourse financing.If you’re looking for specific lenders who offer non-recourse loans, I’d be happy to point you in the right direction.

I offer a traditional coffee pot for guests who drink a lot of coffee, a single cup pour over cone, a Chemex and even a Bialetti at my properties.

Not only does it have excellent potential as a house hack, but it also offers significant upside for a live-in flip.

These policies focus primarily on providing coverage for the physical structure of the property.There are three main types of DP policies:DP-1 (Basic Form): A DP-1 policy offers the most basic coverage, protecting the dwelling against named perils such as fire, lightning, and explosions.

If anyone has tips or suggestions, I am more than open.For better or worse, I am taking a leap.

It's great that you want to offer comprehensive financial planning advice.

I don't mean to suggest $200 a month in cashflow is a bad return its actually amazing, but the expectations should be clear and understood in my experience.  

I would suggest also getting a mentor someone who you shorten your learning curve.