Either you or the other does the credit and vice versa on the second.

Both of these are prohibited -- you are not allowed to personally benefit from anything your IRA does and vice versa.I'm not an ERISA attorney, but this is my take on the rules...

Effectiveness of management and curb appeal go together a place that looks good gives the impression of being well managed and vice versa.6.

My Dad is a retired Captain with County.

Then do vice versa where you manage your friends project that he purchased with his IRA-LLC.

While he doesn't want to go over-budget too often (that makes him look bad), he has very little incentive to come in under-budget or to keep surprises to a minimum (unless he's doing your inspections, surprises don't make him look bad but will put more money in his pocket).In fact, by definition, the more money he makes, the less money you make...and vice-versa.

Or vice versa?

I have to add:PEOPLE SKILLS, learning a lot about people skills and building relationship that last til now, because you never know when you need to call upon them or vice-versa

As I said....for me, cash flow is key - longer term financing vice shorter term.

Believe me, what they require in some areas of California you won't run into anywhere else, and vice versa.