Thanks for your service!

Have you actually price checked it with the utility service or an electrician?

So, is the "placed in service" date June 2018?

So my thought is HML to pay off the loan and then refi to cover the HML.I believe normal procedure would be that you'd buy the property off the Titleholder, and pay off any loans/liens at closing (regardless of whose names were attached to those). ie. 

His reasoning was as follows:He wanted to be able to have $1 million in real estate debt and be able to service that debt possibly without any positive cash flow..

However, pricing for the services depends on many factors1) how complex the books are - separating a bank account for each property simplifies the bookkeepers job.

Matt,self-directed IRA is a niche and instead of focusing on location you should focus on the quality of service and the experience a particular company can provide you.

I own a successful service business that I run with my wife and we live a pretty frugal lifestyle. 

Certainly with an older building that has been mom and pop managed for 30 years, there are plenty of opportunities for improvements that don't necessarily equate to added value (hot water heaters, French drains, new electrical service, etc). 

Talk to your servicer as well as they may also provide it