It was a good safe transaction.

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Unless you invest via an LLC owned by the IRA, you will not have checkbook control over the funds which means you need to run transactions (e.g. income, expenses, etc.) through the trust company who will need time to process the transactions and generally charge fees for each transaction.

I’m in contract with the Assignor, can I assignee this to another buyer?

This is an unstable person....multiple people have said they don’t feel “safe” around her...I understand about holding them accountable, but I also have actual fears that they know where I live.  

They charge custodian fees as well as fees for transactions and asset based fees.

On maintenance, you can sometimes get away with 3%, but to be safe I always put this at 5% minimum (even with a rent of $2000/month) and fairly new (2005+). 

I believe Tim is playing it safe and well focused by having the tenants sign a form about it. 

This is a low barrier to entry and a very safe first investment step.

Or should we play it safe and wait until we can refi?