I think I am starting to figure this out due to all the great help here on BP and some great books on SDIRAs too, but just want to make sure as we are some serious talks with a motivated seller about our next purchases.I understand the concept that when I use leverage in the form of a non-recourse loan in a SDIRA that their will be tax due on the percent of profits that are *related to that financing*.

Needless to say, they were not happy with my revised offer based on the real numbers and the deal fell through.When I did the due diligence, I went and talked to every tenant (there were less than 20) to verify the financials, walked every inch of the property to look for needed capital expenditures and deferred maintenance, talked directly to the utility companies...

Also would be good to talk to about fix and flips in the county.

Not sure if love to talk to the construction men. 

It may be worth it to talk with the tenants and find out if there is something that could be worked out to keep them to stay if you didn't have any concerns with them while also adhering to your rules.  

Be great to talk with someone who's familiar with the process.Thanks,Chuck

Talk about convenience!

I have been talking to a few lenders and will be talking to a few more.  

Was talking to a realtor who did a BPO for me and these are coming in around $80-90k.

Are you talking about tax sale or mortgage sale overages?