This will help you understand how the different costs, mortgage and rent can affect the return on investment.

You need to rent it for $6k/month to actually make a good return or maybe $4.5k **MINIMUM** to have it close to break even. 

2) Since the mortgage only has one person's name, can we deduct the mortgage interest in LLC's tax return instead of that person's personal tax return? 

Let's also say together we purchase a multifamily @ $1,000,000   I understand the prohibited parties issue.1) If we (myself and the SDIRA) were going to put 20% down...does that have to be in equal amounts meaning 10% from me and 10% from SDIRA and everything is split 50 / 50 or can you still have normal deal partnership flexibility...so something like the SDIRA puts in the entire 20%, owns 50% of the property but gets a "preferred return", etc.2) Perhaps the bigger question is financing, I know there is SDIRA financing that is non recourse but that is typically for 50% LTC. 

Plus another $100k in my pocket.Infinite returns (+$100k)Loan will be about $17k/month, which means it should throw off about $2k before I upgrade those last units and about $5k+ after. 

Unless you think you can make a 60% profit return on your $50k you will come out in the red. 

In return creating a tax write off for yourself.

They can do whatever arrangement they agree on (birddog fees, cash under the table, some weird bottle can return to Michigan for 10 cent refund scam) as long as me and my client are not involved in their dealings, it's not assignable and it's not on the HUD-1 form I don't care what they do.Good Luck, 

I’m returning there deposit and payment.

He was so knowledgeable and has continued to follow up consistently since I returned home.