(Respectfully- Please don't tell me to save up and quit my job it's just not realistic for me and won't be anytime soon)If you read the threads on BP concerning wholesaling, you should be able to draw a few conclusions1. 99% of people trying wholesaling fail2.

Our office receives about 50 of these a month from various wholesalers and I always look at ones I don't recognize to see what people are trying.

Ideally, you network with people who have owned properties for a long time.

Just a note, people think "Hard Money", "Private Money", and "Bridge Loans" are the same.

Wondering what people's thoughts are.

Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.  

There's no reason to provide details, though I do let people know if anyone asks that we do not accept bulk up-front rent payments or anything like that because I absolutely do not want a prospective tenant to think that someone else swooped in with a bunch of cash last minute.

Even in your area, you may meet other out of state investors so you have more context for when you talk to the people who will make up your team there.

But people still flock to Disney, Universal is opening a new theme park in May and the area will always have new events and attractions to draw guests. 

Give them a couple of options, they already know the unit got foreclosed, most people move to avoid the hassle.