It is available only for properties being held for investment.They would qualify for the sec 121 primary residence exclusion once they have lived in the property long enough that they can claim residency for 2 out of the 5 years immediately prior to sale.You could certainly enter into an option and cooperation agreement with them that would allow you to pursue the entitlements/permitting you might need. 

They are gross, I wouldn't want to live there either- but if you get a pet and you don't own a home, that is what you sign up for.And then, finally, just as you are about to give up... along come your future tenants who are so happy to live in a clean, no pets building.

Average and you still get to catch a decent ride up..Now the subprime ha, they run out of prime and average money to pump the market with so they finally let the poor people's subprime money in, pump it some more.. 

Permits are in the final approval stages with the city, only in need of the final stormwater approval.

The property has a tenant and the lease agreement is between them and my LLC. 

Does anyone any an example Operating Agreement for an LLC set up for a Self Directed IRA to invest in real estate?

When we saw it come on the market knew it had tons of potential but had to wait out the seller making some price drops and then we came in with a rather low offer and finally settled at a price we could work with.I think house hacking is a great way to start investing, I've done it twice now. 

Review their management agreement.

I've dealt with Section 8 for years, and finally this year I threw my hands up and completely refuse to take it.

The first round focuses on the property, the second round focuses on the borrower, and the final round rolls up the property & borrower story.