Without an eviction proceeding and the Sheriff on site to forcibly remove tenants and their property, you are stuck writing letters,asking them nicely, waiting, praying, hiring someone to help.Used to work for a company that had issues with squatters and in particular, a certain tenant who intentionally screwed the company by forcing us to file an eviction, and then proving we (or rather the attorneys) processed it wrong, and then causing us to start over...

For example, CoC may tell you something about your year 1 cash flow, but will tell you nothing about appreciation (forced and/or market), rent growth, CapEx, quality/volatility of cash flow, mortgage pay down, tax benefits, management headaches, or the risk you will be taking on to achieve that CoC ... all of these things mentioned and more are critical points to be considered that CoC alone tells you nothing about. 

Most stated programs only offer 3/1, 5/1, 7/1 Arms. 

You will be looking at not just the cost of a foreclosure attorney but property taxes, forced place insurance, servicing fees and property preservation at the least.  

Just remember that all transactions involving the property owned by your IRA must be 'arms length' and all expenses must be paid from the IRA and income going back to the IRA. 

To summarize the presenter's main points:Since 2009 rental housing demand was outpacing supply until mid 2016, when supply finally caught up with demandNationally, homeownership is low which has kept rental housing demand upAs a nation, we are significantly under-housedAs the Millenials begin to get married and start families there will be a significant increase in demand for "work-force housing" or "starter homes."

The bank may have the right to force you to refinance or sell the house.

I just want the profits, and am agnostic as to if they come from cash flow, appreciation (forced or market), tapped via cash out refinance or sale, mortgage pay down, or tax benefits ...

You may not like the answer but, you should look at a fixer upper that you can force the equity on.

I have no reason to be making this up and would not be making statements in absolutes if I were not completely confident but I can't force you to believe me.