It's VERY common that title has exclusion of mineral right and no effect whatsoever on resale value, eg: Los Angeles County. 

Any tips on how to market the property more effectively? 

That is, they would then own the Note and Deed of Trust or Mortgage made between you and the rehabber, and would then collect the 14% payments.This could be accomplished with a simple straight note between you and your lender with a clause that says, in effect, if you default, they get to replace their name with yours on your loan docs to the rehabber.

Offer Making- Properly structuring offers and submitting them Sales/Negotiations- The best deals are created through effective negotiationI hope this helps you Jay. 

Thanks for this cost effective option, that I hope others can learn from! 

The real estate is effectively inventory in a sales business, just like refrigerators or stereos.Passive sources of income such as interest (i.e. hard money lending), rents from real property, dividends and royalties are not subject to UBIT.This concept is documented in IRS publication 598.The ROBS program is an entirely different structure as compared to a self directed IRA.  

Has the experience been good (and relatively cost effective)?

It has been maintained pretty well but my gut is telling me that it could easily turn into a money pit.

I've always thought (I may be wrong) that they were difficult to get and to maintain the requirements.  

She stated that the renter makes it difficult to show the house, and she may have to come up with money to sell it because of sales costs and comission.Her other property is in Ohio, she had purchased it in a tax auction, but never had enough money to fix it, so she has been accumulating property taxes on an empty property for six years.So I gave her a plan to sell both properties immediately and she was able to even make some money within sixty days of putting the plan in effect.