You can easily include a series of obscure clauses such as "eviction can occur due to...lack of character.....multiple complaints by neighbors....questionable sourcing of income....lying on an application..." list goes on and on.The key point is, put something vague into your leases, and use it.

I do wanna do business with them but I agree with the earlier post about they don't really account for vacancies and capex so it makes it difficult to cash flow and that's why I haven't pulled a trigger with them.One other thing is I'm seeing the area has a pretty high property tax that's making it even harder to make sense of a deal.

I'm assuming things like taxes, permits, code, insurance etc.

BPO and comps show ARV at 480k based on rental income.

Quote from @Alecia Loveless: Always protect your Property, Time, Income, and Sanity (PITS).

When I was ready to mail I had 52 properties on the list so I got 100 blank postcards from amazon, 100 postcard stamps from the post office, a google voice phone number (free, which I set to display as the google voice number for all incoming calls and stored that number as "Property Leads"), and a virtual mailbox for a nearby return address.

- What does your RE attorney and tax preparer need to know before you purchase a property in a SDIRA's LLC? 

@Dee Mandrekar I would not recommend pursuing lost income.

Essentially, you could potentially be living for free if not have a little passive income coming in.

I don't live in the US and I don't have another income in the US (such as employment or earned income), but I have a property that was rented starting in September 2023.