Your score is really low, but I'm not sure which scoring model you're using.

The IRA is treated the same way as your current IRA for tax purposes, but you will have the ability to invest in assets such as real estate that are not handled by the mainstream brokerages.There are two types of self-directed IRA plans, and a lot of good info here on BP on the topic.IRA Custodians hold accounts and do the processing, but just have a different business model that supports documenting the IRA's investments into things like real property, notes, etc.  

That being said, no matter if you invest here or out-of-state, turnkey can be a great model for beginners because it takes a lot of the work out of investing.

I've been studying up on MFRE and SFR investing, analyzing deals I'm finding, and just want to get some feedback on a couple of items.

I asked him how much he owed, discussed the cost of hiring a real estate agent, the items potential buyers would ask him to coordinate/fix (cosmetic; floor, paint, cleaning) and the time it would take to sell.

But to me, CapEx costs really have nothing to do with the gross rents, and have everything to do with the useful life of the big ticket items like roof, HVAC, appliances, etc. 

Run your analysis through a stress test model that looks at extreme situations and see how the deal performs.Money is made in all market cycles.

Of course bigger pockets has some great event items as well (we have one next Tuesday morning that is free with the owner of We Buy Ugly Houses in KC that is posted here).Happy Investing!

What are some of the major to-do items leading up to closing and after?

I found this site while checking out a franchise model and stumbled upon a forum here.