Generally, the spread to account for the higher risk has historically been around 170 basis points (or 1.7%); however, in the last few years, this has ballooned to around 300 basis points (or 3%) amidst lots of volatility.Without delving too much deeper into the math and financial fixed-income calculations, mortgage bonds generally have yields or returns based on the main alternative for note investors, which are U.S.

While there are many advantages like low property taxes, landlord friendly, strong appreciation it's not going to be as cheap as the Midwest and have the cash flow with 25% down.

Consider adopting a split-unit rental approach to increase your rental income by renting out the upstairs and downstairs units separately.

At the end of the day if someone passes background check and has proof of income it doesn't really matter, but just curious thoughts here. 

They are not working and are on fixed income so I did not want to pursue for damages or even give them a hard time but struggled due to the fact that I felt bullied and lied to.

Think about your taxes on Form 1065, specifically how your K-1s will look in the future.

Alternative strategies include financing in the LLC's name or using house hacking to generate rental income.

But the headache: CPA said need to file tax of the SDIRA ; Lawyer who helped to setup LLC said you need not to file tax when you didn't get cash from SDIRA.Do we need to file tax for SDIRA or not?

A 2% transfer tax amounts to $5,815 being paid by each buyer and seller.   

I've begun keeping receipts on upgrades, fees, etc... to be prepared for tax time.