@Richard NguyenHere are some of the downsides of putting real estate into a self directed IRA or 401k.No tax deductions: You can’t claim deductions for property taxes, mortgage interest, depreciation, repairs, improvements and other property-related expenses.Property expenses: All expenses, repairs, and maintenance costs must be paid with IRA or 401k funds, and you must pay others to do repairs and manage the property.

The 'go-to' place for a trustee state like NC is 1) the county courthouse, and 2) the trustee's web sites.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

I have worked with many experienced investors from Southern California, Las Vegas, Phoenix, Tucson, Denver, and other large metro areas in the southwest and west coast, with seasoned investors that still live in all of those great cities but have shifted most of their real estate investments out of those higher cost or higher risk markets into ours. 1) Compared to most cities in the SW and West, home prices in the Albuquerque metro are relatively affordable.

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

I have some web design skills (I'm an engineer, so easy to learn new programming languages) and I'm currently testing my new system to manage the tenants.

Additional resources I'd recommend are:- The millionaire real estate agent by Gary Keller- David Greene's books from the BP Bookstore- The E-Myth by Michael Gerber*** These are not resources related to the course but are helpful for anyone looking to get into the business

Only other people who have been there seem to be able to relate; lots of other people are just jealous. 

Things that cause delays are many sponsors maybe 1-3 people and they outsource their investor relations so the first person you contact is not a member of the company but a call servicePersonally I would not invest in a fund / syndication that has a call service on IR side as if things go wrong you will never hear from them.

Make sure your lender, agent, and real estate partners are all on the same page.