I've been reading about the pros & cons of self directed IRAs, and looking to see if anyone has a recommendation for an expert that is familiar with the differences between a company based SEP IRA self-directed and standard SDIRA, if there are any differences.  

Between due diligence, rezoning (if applicable), site plan approval, construction drawing approval, offsite easements, permits, etc. it is a lengthy and expensive proposition.

If you have a quality home to rent, there will be plenty of applicants in Westland. 

I feel this is going to be the route I will need to take to get where I want to be but I want to learn what I can where applicable as I go in to it.

If you were local to those areas & self managed it'd be close but 8%ish is a more likely scenario.

The numbers may be great but you need to understand the headache factor involved for you if self manage or how much it would cost you for a property manager to handle.  

I would seek out someone with a self directed IRA that doesn't want monthly payments.

Just lots of perseverance and self education.

So in my self-education on notes, of course learning about that the interest portion of payments are taxes as normal income (assuming no self-directed IRA situation). 

Plus I do open house showing to let the prospective tenants see it in person, meet them etc, and start taking application....harder to do when its not cleaned up and basically really close to move in readyBottom line is to have the turnover be as quick as possible