@Carrie Giordano@Linda WeygantAfter doing several hundred HUD transactions, I have never seen or even heard of HUD paying or doing any repairs unless it was damage or vandalism AFTER the contract had been ratified by HUD. 

a developer fee is somewhat standard in a transaction of this nature.  

And I make it look like a purchase agreement with dates, how transaction will be completed, their info, and a place for them to sign and return to me.

@Jami MortonWhen I read your post above, It sounds - please correct me if I am wrong - as if you have a pile of IRA money and are out investing without much education.There is much more to navigating the tax code related to using a self directed IRA than "can't be for personal use".I hope your custodian or advisor provided you with some introductory guidance as to the rules for self directed IRA plans and/or that you have a good CPA or attorney guiding you.Flipping with a self directed IRA can be very profitable, but is an advanced strategy.All IRA transactions must be entirely at arm's length, meaning you can negotiate and make decisions, sign contracts, and handle expense and income transactions, but may not benefit in any way OR add benefit to the IRA through the provision of goods or services.  

Or so I thought.Bank shoots back: Would your client be interested in proceeding with the transaction if we were to offer financial concessions?

As I am overseas, I will be dependent on the onshore team to complete a transaction.

Without consideration the transaction didn't happen.  

Counting on appreciation in a 3 to 4 year time frame is very risky - especially with transaction costs so high. 

Like an attorney.For a CPA, your primary consideration should be someone who intimately understands the type of transactions you're doing. 

Depending upon the volume of transactions, how long you hold them, and if you can be a landlord for a little while, you might also be able to qualify for capital gains treatment.