@George OzoudeTry IRA Services Trust Company

Some of my costs just to maintain, and these are just estimates as I dont want to look up the exact amountsMLS = $1,000E&O Insurance = $1,000Board Dues = $1,000Sentrilock = $300Showing Service = $300Continuing Education = $500Licensing Fees = $300

Most lenders offering non-recourse loans to an IRA borrower will require significant cash reserves in the IRA for this very reason.Since you cannot add funds personally, the IRA may need to bring on a joint-venture partner or take a loan from someone who is not a disqualified party to cover a short term cash crisis as you describe.

Total Asking Price is 1.8 MillionMonthly income= $30,135Monthly Expenses (excluding debt service)= $15,003Would be looking at conventional financing of 5.25% over 25 years with 25% downOwner would also be open to seller financing

Rather than our own home, we do not carry mortgage on any of the rentals.We're thinking to maximize the leverage to buy more rental properties without using more cash reserve, and want to ask BP members' advice on building a bigger investment portfolio by borrowing, or should we just wait for the current inventories to appreciate instead?

It is providing society with a much needed service, providing safe, clean,  and adequate housing, emphasis on ," SAFE".I would also check with your local building department for what might be considered code violations.

I am quite capable of painting and have a hard time paying for services I can do on my own.

Though I did not use his services I saw his operation and work ethic and found him to be professional and innovative in his thinking and business approach.

DH is a network engineer and I have worked in ministry/non profit settings as well as customer service settings. 

We had a great experience with Crown Services on a full basement rehab.