Ensure the sublease is explicitly permitted in a written agreement with your friend and aligns with local STR laws.

If they are, I would pay them off first.I would invest in a different market(likely bigger market) where you can find reliable contractors or find a PM that will be able to manage the properties.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

Generational Wealth: If your SDIRA invests in real estate, those assets can pass to your heirs, benefiting from the step-up in basis (outside the SDIRA) or continued tax-advantaged growth if inherited in a beneficiary IRA.

Happy to hop in a call if you have any questions. 

If average sale for the area is 200,000 at 3 percent = 6,000You would need to close then 20 transactions in a year at the 3% level for 200k price to get the 120,000 commission.4.

If you can buy a fixer in a great area, that's even better.

Any marketing should always be based on the information provided by sellers in a deal. 

I also also co-host a weekly Zoom Q&A on MTRs called MTR Office Hours in a Skool Community.This is why I tag you into questions like this.

Of course they are going to have bad credit or they would be looking in a better area.Another thing you may want to consider to drive more applications is to not charge the application fee.