If they do excessive or malignant damage to the property after you have done a walk thru with a third party you can sue them for damages.Also, by promoting this behavior in tenants they avoid having evictions filed on their record and you are just passing the problem along to someone else.  

It was because I used percentages to calculate costs and my deal was too fat. 

I'm starting a 50 unit that will give me in excess of 1 mil in writeoff and I will pay NO taxes next year( unless I get the long term work force housing subsidy of 50K per door, but thats' a story for another day.

Specifically, when you form a corporation, you subject yourself to double taxation and excessive paperwork.

You can agree with me or not, but anyone who doesn't see the people as people will just have a big fat headache trying to play monoploy in the ghetto.

It is very possibly to generate after-UBIT returns to your IRA in excess of 25% if you do the right deals.2) Have the IRA be the bank.  

Does this seem like an excessive bill or am I being too cheapskate?

Any excess becomes an advance on your profit when you sell, and the profit is then legally yours as the SDIRA has already been paid back.

It just seems to add a lot of excess because all my non-business stuff is now on there.2.

If you are looking for Hard Money Lenders ("HMLs") in the metro Atlanta area, I would start with reviewing the following in BP's Resource tab: http://www.biggerpockets.com/hardmoneylenders/geor...After reviewing these, PM me and I'll relay my experience with those I've dealt, and perhaps steer you away from those I've researched that aren't quite up to the standards of their competitors - i.e. those charging upfront fees, exorbitant points, excessive or conventional-mortgage like underwriting and documentation, etc.If indeed you are looking to PLACE money, PM me as well and I'll send you a couple of suggestions of BP members that are active in that side of the biz.Good luck!