From there, if you can find the house that needs basic rehab and lock it up for around 50-60% of that ARV, then you’ll do just fine most the time.  

And you have to live in the same unit as the guest, bedroom doors cannot have outside locks, and you can host at most 2 guests at a time.

I have had to replace door locks when people kept jamming the wrong key in.

That comes when you've started looking at properties you could actually buy and you start over analyzing because you're afraid to pull the trigger.I experienced this in a different fashion when we bought a property and we were gutting our first kitchen and I didn't want to pull the trigger because I was a little afraid of just ripping everything out and what would actually happen.

Having family there and a pretty good market, time to pull the trigger. 

Overpaying now means locking up more capital and risking returns that don’t justify the investment.

I don't love it, but if I could make a 20% cash on cash return (or the return of your liking), I'd pull the trigger.

Thank you,Nirav Since you already pulled the trigger...and are a limited partner...this means you have the benefits of that (i.e. no liability beyond your investment) in exchange for generally having no ability to vote or have a say in how the investment is managed. 

Hey Art, When investing in real estate within a Self-Directed IRA, using leverage can trigger Unrelated Debt-Financed Income (UDFI), which may lead to Unrelated Business Income Tax (UBIT) on the portion of income derived from the leveraged percentage.

Recently, I started locking down a triple dip strategy having investors buy the mobile homes for the spaces.1.