We have built a strong defense with the 1031 real estate coalition, updated economic studies, multiple congressional fundraisers and numerous meetings with congressional staff.

I’m sure this question has been asked numerous times, feel free to link me to this existing topic. 

For each one that says "no", ask them if they have a recommendation of someone that fits your needs.As previously mentioned about non Fannie Mae/Freddie Mac lenders, I was told by numerous banks that I wouldn't be able to invest until 2022 after my short-sale of an out of state property. 

Numerous open wire splices/loose junction boxes.

I wonder why bigger pockets and everybody pushes this product all the time if there are all those downsides.You missed the key part of Bill's excellent explanation: do not put an investment that is already tax-advantaged (rentals) into another tax-advantaged vehicle (SDIRA) as it often backfires.

After reviewing the monthly statement I realized that the expense was well above the dollar limit that requires a prior approval by me.When asking the manager for explanation as to why was the expense so high and why it was approved without my consent, she replied that the they had purchased a whole new appliance, rather then repairing it (without much info as to why it couldn't be fixed) and that I was notified of the need to repair/replace.

*not so long ago even $500 down would work for some off market deals as far as earnest money goes, but now with numerous offers being made on a single deal within hours, earnest money (how much ‘good faith’ you’re really investing) amounts have changed some and to be clear this would change your cash to close amount (%) Earnest money for more of an end user ready(minor cosmetic/updating needed) buy and hold for example would be much closer to 1% Appraisal - this is going to be up to you as the cash buyer (because you’re not required to get one for a loan remember) $300-$400Inspection - using a 4 point or 5 point ‘investor’ inspection (especially if you’re not here yourself for due diligence) $200- $800 usually, depending on size of property Survey- not required to have, but it may be useful to know exactly where you’re lot loans are (may be required for some rehabs) around $800 or lessTitle insurance- generally around $1K, but again depends on property value and if it’s transferable that could save you $ (sometimes if two years old or less)Title search - you’ll want this to make sure you’re getting a clear title and it’s going to run $100- $250Attorney fees- won’t be required here in Indy for example, but keep in mind these rates if you choose to use oneEscrow fees- this depends on which escrow company you use, but I’m going to include images of a mock sale here in Indy to show you an example of a company for Indiana closing costs would be just about 1% of the purchase price, up to 3% when you factor in inspection, survey, insurance, etc.

If he's an investor or aspiring investor, the benefits are numerous as well.

There are numerous factors that could affect overall returns and a thorough DD process will help uncover these.

The benefits of them are numerous as well over stocks.