And, Alabama has the second lowest propertey taxes in the nation behind Hawaii.

What is the size of your home? 

Glad to have you on the forum, Elwin! 

. $900 seems low for a 3/1 so I think that can be pushed up. 

My firm has a fix to rent product that discounts the interest on the fix portion, and discounts origination on the DSCR portion. 

If you have followed some of the recent syndication posts you can follow up with that concept.2.  

Now if try tailing the entity on deed "up-stream" come to find it's a meandering trail of breadcrumbs, come to find they themselves are debt loaded via notes on properties to other entity, that again is a meandering trail ending in WY entity behind a wall of ownership interest in such so never get peoples names.  

With no renovations needed, the home sold the same day for $220,000.

Conventional financing How did you add value to the deal?

Cash from a self directed IRA How did you add value to the deal?