SDIRAs where you go through the custodian for all transactions and they're on title to all assets FBO your IRA.

Now, should you decide to enter into a real estate transaction WITHOUT a licensed agent, one should be mindful to not get unpset should that person get scammed in the real estate purchase or sell transaction.

Looking forward to big things and more successful transactions!!!

Guessing you're not using any software or invoices, just depending on the tenants to remember to pay each month.So, you will need to do something to notify the tenants about what their portion of the utility bills are.Suggest:1) You get a PDF copy of each bill2) Type on each bill the split calculation for ONLY that tenant3) Save it and email to the tenant.4) Hopefully you're at least using a spreadsheet to track their rent ledger transactions.

Are you able to close the transaction (have enough money (and/or credit) ?

There are three parts to any transaction; finding the deal, finding the money, operating the deal. 

We want to do this transaction so we can upgrade our living space, have another rental (our existing house), and eventually rent out the new house (his house) after we grow out of it.

Cant speak for Nashville, but nationally Redfin recently released a report on their own transactions (they can see both sides of it) that average commissions have risen.This is no surprise to me as I predicted this would happen far in advance of the settlement.

Hi @Sam M.there are great answers on this post but I want to clarify something.In a real estate transaction most of the items are negotiable.

I have transacted with them as well; by far the best out of the turnkey companies IMO.