It isn't pure profit, because you still have a mortgage on the property, but you own a cash flowing (hopefully) property and have $50k more capital ($90k total) to put towards your next investment.

I was just suggesting that Mexico is generally much more profitable from a pure investment standpoint.

Purely visual unappealing things are great and usually easy to fix, so look for houses that are discounted because they need painting, a face lift in the kitchen, new flooring, etc.

I found the site and people who contribute to be invaluable source of great information, because nobody sells .. pure information sharing .. make me warm and fuzzy .. and trustingThanks for listening .. and thanks in advance for the feedback

(Purely speculative at this point.)

@Ray Li,  Purely based on what I read here, I am thinking an option could be -  ( Please consult appropriate authorities before using the strategy ), The SDIRA you have will invest in your or your partnership entity that does rehabbing. 

It's easy to install, the batteries are easy to change out every year, and Am.

The ultimate goal is to get terms similar to family offices, ie 10% 80/20.  6% - 65/35 is just pure greed on the part of the sponsor.

I’m a newbie too, and don’t own any rentals, so my knowledge is purely theoretical. 1.

AC filter, smoke detector batteries - do you change these yourself?