@Walt - there is an old expression about hiring your accountant that says don't hire the guy who can prove that 2 + 2 = 4, hire the guy that says "how much do you want it to be"point being - I was planting a seed for Jesse to follow and NOT selling any services - this is spelled out pretty clearly if you followed the link, and HIS accountant should know requirements for Certified Plan Administrator as well as flexibility within the self-directed IRA structure - there is ALWAYS more that one way to solve a problem - right ?   

I can not say if I will do it from step to step but the seed is there.

Sometimes evicting bad seeds can be very difficult and time consuming.I think the landscaping #'s are low, low quality tenants tend to litter a lot and make a mess of the grounds and nicer bushes/trees/flowers are integral to luring better tenants. 

If I had that kind of seed money I would start by focusing on the flipping business.

Maybe buy cash, fix up, then mortgage to get seed money for the next one.  

Hello All, Thank you for sharing your insights.Okay, So I am focusing on finding MOTIVATED wholesale deals...I have leads of folks that are heading to auction in 3-4 weeks.What is the best way you have found to approach these folks and planting the seed for them to sign the damnI am on track of visiting 50 homes a month, not including absantee owners. 

Investor B is in for let's go with 50-60 percent of the seed money.

Once you have some seed money, then start investing. 

The takeaway: 90% of the work we're doing (at least now in the early days) is seed planting.

OPM is key, yes, but unfortunately you almost always need some "skin in the game", as they say, so that you have some funds at risk as well.Wholesaling might be a good way to start and build some seed money.