What is also important to think about is the time value of this money and the length of the project.  

@Nathan Gesner is correct when says there is no industry standard; however, I would say most reputable PM companies are somewhere between 5-14 days on average.Here are some common factors that affect turn time:- size of PM portfolio- area of PM portfolio (do they manage in a single neighborhood or across an entire region)- time of year- number of reputable vendors- condition of property- length of tenancy- size of PM's staff (do they have assistants or other team members in the field)- PM's systems and processes (are they efficient and proactive with turns)A smaller PM who does everything themselves but only manages 5 homes will most likely have a much faster turnaround time than a PM who manages 100 homes on their own.

So you are free to evaluate tenants based on lease, length of stay, payment history, etc.

Some people also go to more extreme lengths and create trusts that are domiciled abroad.This is just some general information from my memory.

I believe you can buy property that you own a share of BUT you have to convince the IRS (if audited) that this is an "arms length transaction" that you are not receiving a personal benefit from.

In legal language, it must be an “arm’s length transaction.†If the Seller has a real estate license the Seller cannot earn a commission by selling their own property.

Julia Rowling its SOP  (standard operating procedures) to not put any appliance's in these homes until the tenant moves in.. same with HVAC some times  condenser unit water heater etc etc.If you install them new and leave them for any length of time they will get stolen nearly 100% of the  time... this is why I have said many times that these types of investments just are not appropriate for anyone who does not do this for a living...

I go through great lengths to explain renters insurance and have the tenant initial that portion in the lease, if they still chose not to purchase it, then that's on them.

.-: the property was & remains an arms length transaction.-: title to the property would now be assumed by the 401(k) solo due to the default of the note & the subsequent execution of the DIL.:- now the profit from the eventual sale of the property should be held tax free in the 401(k) solo for future disposition.am I Correct ???

You'll need to go by breed or predominate breed along with age, height/length and weight as we ended up having to do.