We see typically 1-3 % for acquisition fees (keep in mind money is spent by sponsor in due diligence that can be lost if determined not to purchase so some risk there for GP), 1-3% for asset mgt fee to manage the property manager and ensure the business plan gets implemented, disposition fee of 1% optional.

The placenis beautiful but current owners have really lost the love.  

@Jeevs Pothen,Here's what you need to remember about protection from liability / lawsuits: "Control everything, own nothing" - not even the LLC(s).David J Dachtera"Success is not a destination.

Investor simply do not know how to run the numbers and by the time you run them for them and they are not really making any money they say OH I see what you mean.. its funny how basic math is just lost on many folks  LOL

In other words, you can't "control" the investment if you're in partnership with your IRA?

I suspect it will go one of two ways.1. they ( buyer ) is dragging feet and money shows up so that title company can then record and dispurse and this is Moot.2. they never send money and you have a sale fail and you move on.. and you learned to never let someone have keys and control of rent prior to money in your jeans.

Richmond appears to be overvalued and has also recently enacted strict rent control and eviction policies.

Therefore, this is before your C end buyer even gets involved with you, the B investor.To answer your second question, you have to sign a contract with A seller and control the transaction so that C buyer cannot "steal" the property.  

Another idea is to call the asset manager that controlled the deal.  

I flew up to Reno once.. and had down time and lost all my money at the casino  ... and did not have cash to get my car out of the park and fly.. ( pre credit card days )  LOL.