Quicken has a bad rap with investors because it advertises low rates and then has massive closing costs.

The lender will give you credit for 75% of the expected or current rent to qualify for that mortgage as extra income over what you earn from your employment.

Was the offer of 175k low?

One is a low risk,  low margin strategy.

Hey one question I didn't see anyone mention, how are the investors closing costs so low?

Normally when they don't counter, my offer is too low - per my agent.

@Angello CampbellCap rate is really low. 

If you rolled an old-employer 401k into a new-employer 401k, you can access that portion that you rolled over.But if you buy real estate from your IRA, YOU ARE GOING TO HAVE TO GAIN SOME UNDERSTANDING of the limitations. 

I'll use an example with similar numbers because I want to truly understand the reasoning here:On the high end, the interest rate would sit around 5.75%, at the cost of -.125 points (ultimately resulting in a lender credit of $164) and a P&I of $766 per month ... on the low end, the interest rate would be 5.375% at the cost of 1 point (around $1300) with P&I of $735 per month.Given that info, this is to say that if I planned on holding onto this property more than 42 months (that's $766-$735= $31 per month... then $1300/$31=41.94 months), then it would make financial sense to pay down the percentage rate up front at 1 point because beyond 42 months, I'd be saving money every month...

That individual then has the ability to take that license to their place of employment (your PM LLC) and operate the LLC based on their license.