These units are equipped with an energy-efficient heat/AC system, tankless H20 heater, USB electrical outlets, and an in-unit laundry room.

These units are equipped with an energy-efficient heat/AC system, tankless H20 heater, USB electrical outlets, and an in-unit laundry room.

But I know if I can get better at lead generation I can grow quicker and provide value to potential partners.

This property will generate a lot of revenue it’s just hard finding a lender that’s not going to require a lot for a down payment. 

There's no debt on the property.The idea is to leverage the equity on the house to tear down the existing and build a 6-8 unit family which would bring the house value to at least $5,0M (similar apartments are being rented for ~$3,800).We want to keep the property for cash flow and use the equity that was created and refi to fund more deals, generate more income, and so forth.The problem is we have very little cash and basically need to finance 100% of this deal.This project will roughly cost between $1,5M to $2M depending on what we do (which would be ~30% ABV).Also, we would need some money to keep their expenses throughout the entire project which could take at least 16 months.I have run multiple scenarios and even with the most conservative assumptions, it shows that the project is feasible. 

Buying a property for $490k that will only generate $1,900 a month in rent is not a good deal. 

If that's the case simply list for your break even point as that is a ~10% discount to market which should help generate some offers.

Let's say IF the Cash Flow generates $12K per year, that's all tax-free rents that needs to go back into the SD ROTH IRA, is that correct? 

Most don’t realize but the amount of vibration from a large truck / tractor trailer is significantly greater than most construction equipments as we have had to put vibration monitors in homes on many occasions

Once you have these resources in hand, it's important to learn as much as possible and apply your knowledge so that you are better equipped to do successful flips.