But I met thousands of folks from all walks of life and I'll bet less than 20% were totally self sufficient on passive income. 

Hello Rebekah,I am a broker in charge here is the Greenville area, if you would like give me a call and I will go over some details. 

(Some lenders require LPs with more than 20% equity on the deal to provide financials and sign on the loan as well).The GPs are in charge of not only shopping for debt but also raise the equity from the investors.

Then, all bets are off.My point is that the "lifetime deadbeat" thing probably is not appropriate until you look at the actual credit report resulting from the credit pull and see what's REALLY going on.My credit mentor says that scores get no one approved, but can get anyone rejected.For what it's worth ...

Property taxes ratios are very high in Kankakee,    are you looking for a realtor that will property manage for you also, or what is your plan for management,    your best bet in our area would be Bradley and some of Bourbonnais single family homes or apartment complexes.   

-Are landlords charging a little more if there's a shed at the property and a tenant wants to use it for storage purposes?

If you do not have experience then the best bet is family. 3.

Then we just charge a management fee to source, rehab, and tenant the property, connecting the investor with daily updates the entire way.

With a self-directed IRA you are in charge of what you invest in, therefore the due diligence on the investment is something you will be responsible for. 

Accept the pet and charge the monthly feeYou will have to decide for yourself what works best.