This property was a foreclosure auction purchase, so minimal information was known.

As explained above, income from the financed portion of the property in an IRA would be taxed as well, but you can deduct related expenses, including depreciation, to minimize this tax liability; that is why I recommend a discussion with a tax expert to understand what your numbers would look like.Hope this helps!  

My experience with PPR has been consistent with yours, as well as the search to find them.  

I'm new to Fairmont and just reread Rich Dad as well. 

Well done.My 1st comment is outside of my area of expertise.

Is it ok if I msg you for details as well?

If this keeps reciprocating well with the community, I'll keep doing them.

Make sure every investment is solid and that you know how to manage them well.

I currently broker LIHTC multi-family for a large firm coast to coast and am also interested in MF in the Arizona submarkets as well, and will eventually invest on that scale - I just figure breaking into the state through SFH flips may be a more risk adverse way to understand the pros and cons to phoenix submarkets.

So not so well.