I haven't found an answer to this specific question on BP or elsewhere online: if I die, and my SDIRA that holds investment property goes to my adult child, what are his/her options? 

However, in addition to this fee, there may be other costs such as title insurance, property transfer taxes and others.

If my client wants to sell to an owner occupant, usually brings more competition and a higher price, then I ask them to give notice and we’ll list once they’re out as we cannot have tenant holding over and ruining the closing.

Thanks Michael, I'll try to hold my worry until a month in.

This type of financing will typically look very different and more like a traditional commercial real estate loan.That means a DSCR calculated based on a full NOI and expense load (so inclusive of vacancy loss estimates, credit loss estimates, repairs and maintenance, utilities, management fees and more – in addition to the property taxes and insurance expense that are the only expenses factored in on traditional residential style DSCR loan financing).Additionally, the DSCR minimums are generally going to be higher (typically up to 1.25x), the loan to value ratios lower (higher down payments) and underwrite more sophisticated (which makes sense considering the size and scope of the property).Many multifamily investors for properties of this size (such as more than 11 units) can syndicate capital and have more sophisticated financial and entity structures – its definitely a different world once you get up here in unit count.In Conclusion – when you are looking to invest in multifamily real estate and finance your investment – make sure you have the unit count in mind before you start shopping – the unit range can have a huge effect on your options.

Are there any compelling reasons to hold onto this or can we just lick our wounds and free ourselves of the burden?

Seeking advice on how to formalize an agreement with a partner to flip a house together and how to hold title assuming that we would not be creating an LLC until after a "trial period".

Owning yourself can make more sense if your looking to hold longer term, though there are funds like open-door capital that hold for 20 years or so.

The negative value with respect to the cost of building is such that it can consume years of cash flow to recover.  1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

Investment Info:Single-family residence buy & hold investment in Maggie Valley.