@Kyle Joseph 25% is pretty standard for non-owner occupied investment properties.  

The problem is I have too much equity in the properties because you have to do NON RECOURSE loans inside a self directed IRA LLC and the banks that I have found that will do NON RECOURSE only do loans at 50% LTV. 50% of my IRA LLC is equity that is just sitting there. 

How much is your non-mortgage debt and what is it from? 

Also, your vacancy, management, property taxes, and CapEx (non-existent) are too low.

Not impossible either, I've had a number of tenants move in immediately from non-lease situations like parents or roommates.

Lots of non permitted work so who knows if it’s correct.

However, they can be finicky and difficult with non-owner occupied loans.You should also look into rolling the construction numbers into the loan to make it a higher amount. 

Being analytical in nature I have to fight against the analysis paralysis when looking at non-performing loans because its easy to find things wrong with them,  but that's why they will sell at a discount. 

Therefore, if you have a non total loss, you will not be reimbursed for the full cost of repairs, but they will be depreciated. 

A 2 unit property that we bid a while ago reached out asking if we’d consider the following scenario: tenant in one unit has stopped paying and is not being cooperative with showings. We’re wondering about how much of...