LLC seems to be the entity of choice to hold real estate.

Very popular in the  70s when no one could  a new mortgage   Not so popular now  other than some parts of Hamilton and  Alberta. 

Even though it runs contrary to popular sentiment, don't ignore the professional realtor community.  

Acct Size will be ~200KAny tips on which SDIRA vendor is a good choice?

Some have paid with a money order or cash instead, but that was their choice...not something I've required.Lawn Care:  I take care of it, but then I live on the property also.Maintenance issues:  Same.Late Fees:  I have toyed with two ideas. 

I believe that you have a couple of choices.1) If you can get the property under contract at a discounted rate, you could wholesale it to another investor for a fee.2) You could talk with the vendor and see it they are willing to do a seller finance with a smaller down payment, using whatever you have left over to try and repair. or even talk with the vendor and see if they want to partner with you.3) find some one you trust who has what you are missing and partner up.4) pass this by, knowing that you will find another deal, and gear yourself up (fix credit/no money issues) with the goal to fix and flipsome basic ideas. you can search the site for more forums on what you need.Good luck!

However, it is a viable solution if you've no other choice - just be aware of the drawbacks...

The better oath would have been to ease in to the situation, offering assistance, and slowly becoming and inside, the natural choice as buyer.

If your software is "smart" enough it should tell you that you have duplicates and give you the choice. 

The golf course area is popular for vacation rentals, and anything somewhat close to the island and boat ramps.