Hello, am new to this and am looking for places/events I should be at or people I can benefit/help while learn about rehabbing and flipping in Southern California.

What is the cap rate and how does that benefit me as a buyer?

Obviously you'd also want to consider the cost benefit of running ads in magazines like THe Florida Horse.

@Kevin KimIs there ever a wrong time to start investing in your future by having the right renter (you will check their back grounds thoroughly) help you pay off your mortgage while enjoying all the tax, HELOC and other benefits extended to multi unit dwelling owners? 

. :)  I haven't joined CFRI yet but it looks like there are a lot of benefits... even just the discounts on appliances!

What went wrong, and with the benefit of hindsight, what might you have done differently to protect yourself?

Any such investing has to be done entirely at arm's length and purely for the benefit of the retirement plan, so you could not use this for your own property or to generate income for yourselves - other than taxable distributions from the IRA after age 59 1/2.There is a lot of good information here on BP about the general concept of these plans.  

I know that I am considered a disqualified person as I am a family member with direct lineage.Is it possible for his separate LLC to invest in mine (listing him as a MGR in my LLC - or not), or is it still considered self-dealing or him receiving indirect benefits?

I guess I was a bit naive in my thinking that it could only benefit me.

The major benefit being the access to the Broad street subway.