Passive activity and active participation make a huge difference.

without the quotes, then look down at the bottom and you will see the list of those participating in the thread, select the one you want to mention.I grew up in the Collegeville area back when the nearest grocery store was in Trooper, 30 mins away.

Mortgage would be around 1100 and it rents for 1200 so it's barely paying for itself.

Money can be used for any purpose.Interest on Participant Loan can be tax deducted - if used for BUSINESS PURPOSESUnrelate Business Income Tax (UBIT) reduced or eliminated - If you use leverage inside your SD IRA, you will incur UBIT, which rockets to 35%.

thanks to everyone for participating!

One of the most important things I think anyone should look for in a turn key company is how well they know the markets they participate in and now just at a macro level.

I am not really wanting to bid/value on possible appreciation in this case, so based the max offer on rents.I will likely not get this property as there are probably some contractor types that have a) put in cash offers with no contingencies (not even inspection) b) are willing to pay more because they can flip and are willing to take less profit.

Wouldnt barely cash flow.

Since you owe $76K, even 1900 square feet at $45 sf is barely enough to get you out without bringing cash to closing.

What I have to figure out is, how to tastefully detail out my experiences without offending any of the participants that make up the lessons learned.