In theory, it would make more sense to maximize value through the retail route and enter a combined exchange, but finding the right buyer for all three in GA + 1 buyer in Iowa could be a better return on brain damage.Good news is there is still a lot of cash out there seeking yield.

I am hoping that this, combined with the expected rate cuts, will make it easier to find good LTRs next year.

Agree with @Jaron Walling - forget what a stranger on the internet that, in my case, lives several states away says and ask questions of the two guys that you know that have 165 combined units in your market. 

While there are limitation on how to use the money, a SDIRA is a great vehicle to combine the compound returns, tax preferred IRA with the solid investment that is real Estate. 

This Water Street deal was financed through a combination of private funding and resources from our partner, Tricia Hart.

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

In real estate, a broker or a salesperson can be the agent of a seller or a buyer.Here’s a list of the fiduciary duties that an agent owes her client:Accounting: The agent must account for all funds entrusted to her and not commingle (combine) client/customer funds with her personal and/or business funds.Care: The agent must use all of her skills to the best of her ability on behalf of the client.Confidentiality: The agent must keep confidential any information given to her by her client, especially information that may be damaging to the client in a negotiation.Disclosure: The agent must disclose to the client any information she receives that may benefit the client’s position in a negotiation.Loyalty: The agent owes undivided loyalty to the client and puts the client’s interests above her own.Obedience: The agent must obey all lawful orders that the client gives her.

Together, it worked out for me as their combined income allowed them to always make rent. 

The current sellers are open to living in the current home we will be buying for up to 6 months and can pay me rent during that time (like a leaseback) , can I combine that with a bridge loan for (6-8) months to get me past that period.id assume my loan wouldn’t be the same rate as no longer could it be for a primary residence as they’d still be living in it.If i purchase the home and do a lease back for 6 months to the new hluse they are building is finished would I even need a bridge loan?

That, combined with very low rates on their accounts makes me think it is time to look for a better bank.