Private lending using retirement funds is my personal favorite (I've done a few dozen loans like this) for the following reasons: passive, low risk, and high returns.

Quote from @Andrew Steffens: I think going into an STR purchase with reasonable expectations of cashflow in this current market and rate environment is admirable. 

P.S; We live in Wilmington NC so both markets would be "long distance" P.S.P.S there are no reasonably priced multi family properties local to us.

RE is really a small business and the number 1 reason that small business's fail is lack of proper capitalization..

(Apparently a lot of emails back and forth, that for some reason I the buyer was not copied on).

I would encourage anybody with an SDIRA to consider switching over to a Checkbook IRA for some of the following reasons:1.

Just non-renew with 30 days or 60 days whatever your city asks... why do you bother to reason with unreasonable people?

I know in Philadelphia if I had a 2 BR house it would be viewed favorably by tenants who are seeking 2 BR living situations because most inventory will be apartment style living and for this reason would achieve a rent premium.

(aside from the 1 or 2 homes that have stunning overlook views).When building out your buy box, are you all using the averages, or are you basing your min/max on the cream of the crop listing revenues, even when there aren't clear reasons as to why they are performing so much better than others?

Negotiating Price: What’s a reasonable offer given the current income and potential for more?