He is doing this with all investors money and non of his own.

But everyone in this thread keeps saying cash flow over and over.To summarize:-Old/older midwest properties in good neighborhoods that you will hold for 25+ years: good investments-Cash flow on such properties: non-existent for the first 5-10-15 yearsYes?! 

.—(1) Whenever money is deposited or advanced by a tenant on a rental agreement as security for performance of the rental agreement or as advance rent for other than the next immediate rental period, the landlord or the landlord’s agent shall either:(a) Hold the total amount of such money in a separate non-interest-bearing account in a Florida banking institution for the benefit of the tenant or tenants.

I'd stay away from Del Toro for non performing notes, especially.

Open Floor PlanKnocking down non-structural walls to create an open floor plan can make a home feel larger and more modern.

I would give them their non-renewal notice as soon as I possible.

You cannot just casually start this medical expense plan, it's not an IRA.

Don't bring up lease violations and other things that have nothing to do with the non-payment of rent.

Other ways of using SDIRAs could be to invest in syndications, performing  or non-performing debt, precious metals, raw land, precious metals, mobile home parks, self-storage facilities and more. 

@Matt WeddonLegally, you’re covered as long as you stick to objective, non-discriminatory reasons for rejecting someone (things like personality or ‘vibes’ don’t cut it in Fair Housing law).