The whole point of the book (& buying process, which was shockingly and tritely painfully rife with upsells at every click) is to get you to buy something else.

They had some sticker shock around the fees that other SD-IRA custodians charge and reached out to their primary investment fund managers, Fidelity.

at this preliminary stage you can presume so. 

As a beginner investor, I've rehabbed a few properties and own a couple in LA, however as the market has gotten so hot so quickly out here I've been looking out of state and central Albuquerque is one of the preliminary areas we've been looking at.

I remember years ago when i looked into loans in japan around 2008 that was the condition. i was kind of shocked it changed when i read that article but they might have been wrong. in any case i dont think i dont think it would make sense in my situation since the units i was looking at are cheap and depreciated out so not much of a collateral. thanks for the insight i read i would have to get a license or certificate or something to operate but didnt know about the cap on days. ltr seems more and more the better route. 

My partner called me a week ago to inform me he spoke with our accountant and to his shock our company taxes were never filed since 2015.

You’d be shocked by how little actual screening many PMC’s do!

There are two causes, first is insurance is based on replacement value - due to significant cost increases in materials and labor the past three years, the replacement cost on a home has increasedThe other has been number of claims, as claims have gone up in areas the premiums have.When buying a home it’s important to get your own quote for insurance as some homeowners have not felt the shock yet of new premiums because their policy is not up yet for renewal

Happy to help provide some perspective from the lending side.The basic process of obtaining a hard money loan will generally look something like;Preliminary application -> Preliminary underwriting (the borrower (you in this case) will often a purchase agreement and scope of work at this point) --> Appraisal --> Final underwriting --> Closing --> Servicing --> Payoff (sale or refinance)This is a somewhat simplified workflow, but hopefully it gives you some idea of the process.The first step in the process would be to speak with some hard money lenders about the deal you have in mind, and see what their preliminary applications/preliminary terms look like.To give you an idea of what interest rates might look like - think high single digits, or low double digits.

That's shocking.