If you accept them I would raise their rent to 2K per month for every month or part of a month that they are there.

@Dmitriy FomichenkoThank you so much for your response.Sadly, I also asked the company in which I had set up my SDIRA plan with and they didnt know how to answer that question. just told me to talk to my CPA or consult a tax attorney.But yes I figured that as well because we would be using entirely different LLCs to be partners with this project/business.It was just said that the IRS would raise flags on us because we are already partnered with our SDIRA LLC in another business.

And I have heard service has gone downhill recently, for what it's worth. 

Should I start looking to raise money thru private lenders and do a fix-n-flip or should I back out the deal if I don’t get an offer by the 14th?

What if they raise a stink about your assignment fee. 

The question you need to be asking is, how much will it rent for and how much cash flow do I keep after expenses and debt service.

If you've come across a service like this or have any alternate suggestions please reach out.    

Also, when calculating my expenses using the 50% rule, that gave me $1775 to cover my debt service ($1229.08).

I have been looking at a couple of property management companies in the Columbus, Ohio market that can manage a 12 unit 1 bedroom 1 bath apartment, but it is difficult to narrow down on some of the best and not just in price, but in the quality service they provide.

Hi everyone,Received a recommendation day to look into Golden Rule Real Estate team for property management services.