If significant deferred maintenance is uncovered, the deal could be an issue, since housing authorities often have more stringent repair and maintenance requirements for Section 8 properties.

I handed the property over to my PM, however, the Atlanta Housing Authority (AHA) recently informed my PM the portion of rent being charged to the tenant was significantly overstated.

@Jim Bentley Almost universally one is exempt from license law when acting in the capacity of an employee (paid or unpaid) for a principal owner and even if that were not the case in OK you could simply get a limited power of attorney from MIL giving you authority to manage the units.

Check with your local housing authority office to ensure that you're allowed to have the tenant pay directly through a website or in any digital form.

I'm glad BP is publishing this and I happen to know the author - she knows her stuff and is a valuable and generous resource.

The IRA owns the LLC, but you can be the non-owner manager of the LLC and have signing authority.

The IRA owns the LLC, but you can be the non-owner manager of the LLC and have signing authority.

You do not have the legal authority to advertise the property otherwise.

The IRA owns the LLC, but you can be the non-owner manager of the LLC and have signing authority.

Most often, SDIRA custodians will allow you to pay administrative fees via credit card (you'll usually have to fill out a credit card authorization form), or they may give you the option to pay your fees using the uninvested cash balance in your account.