Hi @Charlie KrzysiakIt is all depends on your goals.

Feel free to reach out—I'm excited to be of assistance and learn with all of you!

I have a handful of clients who all keep a simple log. 

All IRA-related transactions must be "arm's length", in other words, IRA can't get involved in any transaction with yourself, your immediate family members or any entities these individuals own or control. 

Do all your due diligence upfront (see if you can get an inspection done before submitting an offer)On the lending side a DSCR loan is an option.

Quote from @Ron Simoneau: Hi All. 

U want to google insurance companies who place their clients that have had fires etc.thats what I do for the last 5 years.. top quality tenants no need for PM .. backed by insurance.my unit normal rent about 2k we get double that.. ours is  townhouse Gated prime area of Summerlin.. not all areas are great in Vegas the closer to the strip the grungier it gets.

Trying to get into the nuts and bolts of how he was trying to source a location, project size of preference, what type of financial modeling he does, what kind of tenants he was hoping to attract/the strategy behind it, if he was doing any joint ventures or had done any in the past, if he had taken part in any syndications, what management strategies he was implementing with his current properties to maximize lease uptime and profit, what types of leases he generally favored contracting for his properties--all of that was like pulling teeth.

I tell people all the time: if you can't find a quality PM in a market, don't invest in that market!

Do you think I should give up all my profit to just get the first deal done?