If you're confident that you won't inadvertently violate any IRS rules, you can go with the Checkbook 401k/IRA options.

We are not social workers.I know there are plenty of landlords willing to take risks, some win some lose, I prefer to increase my chances of winning by not betting on bad cards.

Greetings all- I'm renting properties in an area where there is an increasing number of highly educated immigrants seeking rentals near our major universities.

It will make your total loan increase by $10,000, but you won't have to come up with it out of pocket.

Here is some IRS information regarding the penalties for not filing the 1099s. https://www.irs.gov/government-entities/federal-state-local-governments/increase-in-information-return-penalties-2

I did this on one of my properties last year and was able to significantly increase my cash flow on that property as well as buy another good cash flowing property.  

This property will need about $75K in rehab and the market rents would increase between 5% and 8% once the rehab is done.I am trying to figure out what expense ratio to apply to this opportunity.

I'm still learning myself, but intentional education targeted towards your next move has proved to be a major confidence booster when making decisions.

I won't claim to be an expert in Florida, but I will say with confidence.

However, I understand it takes time and I just want to learn it well enough to be able to speak about the business with confidence and know what it is I am speaking about.