It sounds like there's a relationship that exists outside of your interest in pursuing this real estate investment endeavor and I am concerned the desire to collaborate with all parties mentioned is taking priority over whether the foursome can collaborate to everyone's benefit.

4K sounds low for rent for that house, especially for 4 single people who may not be staying for that long.

What it sounds like you are looking for is a 'Stabilized Bridge' which, like Erik stated, buys you the time to hopefully sell at what you are looking for but might even get you a little cash out in the meantime depending on how the financials are looking.Good luck!

Hey, @Valesco Raymond The $1000 termination clause you're referring to sounds like it's likely the equivalency of your missing EMD, which is quite common in real estate transactions.

I just figured it'd be worth mentioning, as a more potentially more productive (and cost effective) strategy to get the end result you are after. 

., absentee owners, older properties) can be effective.

It’s essential to have a well-defined investment plan to avoid pitfalls such as overpaying for properties or choosing the wrong type of investment.This article discusses the most effective long-term real estate investment strategies for achieving financial goals.

It sounds like this may one you need to walk away from and chalk it up to education/lesson learned if you are bleeding that badly.

It sounds like you're really diving into the details.

It even sounded like the director of the SDIRA would be the one contacting people to do repairs if needed.