You gotta pay 2% origination fee, $6,000 due diligence fee per $1MM, 10% per property you acquire and then you only have so much time to then re-fi out of that to convert it into long term debt.

Those are typically 20% down.So with that said, the DIS-advantage of keeping it in the ROTH (or Traditional SDIRA) is that you can only leverage to a limited degree, AND the fact that there are a lot of 'rules'  that go along with the non-recourse loans such as 50K minimum loan size, no pre 1940 homes, no houses converted into duplexes etc....

I have found a property that has an unfinished basement and a separate garage/workshed that looks like it could be converted into a studio.

Without any medical history or complications, it is reasonable to find term life insurnace for $50-$75 per month even for a 30 year term policy.When looking for term life insurance, always ask for a "convertible" policy with "guaranteed insurability."

I instantly thought of converting both side to 3 bedrooms. 

If the furnace is a heat pump, then it makes sense to convert HW heater to electric (when needed).

I am trying to convert the 4th unit of my quadplex into 2 smaller units making my building into a 5 unit.

Here they have to be no more than 4 inches between them.

The time, effort, and money involved in converting the 1st floor.

I am working on converting my conventional loans to portfolio loans to get around the 10 mortgaged property limit.