3) If their handyman can't handle a repair issue and they have to hire outside contractors, many PMC's will then charge a markup for their time - but they don't tell you this upfront or disclose in their management contract.

The IRS views this as a related-party transaction, and deductions like rent paid to yourself wouldn’t qualify.

The only issue is the interest rate is 7.125%.

So far, it’s going really well, and I’m glad we made the shift.For me, the decision wasn’t about issues with self-managing but more about freeing up time and mental space to focus on the next steps in our investing journey.Curious to hear others’ experiences as well!

What you want is, as they say: relatively simple, but not easy.

Any seasoned investor will be able to spot these quickly but the issue is as a human you can’t possibly analyze all the deals that come your way without using such tools.

But if this company Tardus was selling these notes and getting comp .. they are going to have issues if they are not licensed RAs or broker dealers..

The most valuable lessons are issues that stop you in your tracks and you devote time and effort to solving them.  

As explained above, income from the financed portion of the property in an IRA would be taxed as well, but you can deduct related expenses, including depreciation, to minimize this tax liability; that is why I recommend a discussion with a tax expert to understand what your numbers would look like.Hope this helps!  

What is as important is that you require the insurance to be issued with you as the landlord as "additionally insured."