I’ve been waiting to see if my new property would consistently produce cash flow as well as needing to finally finish my NRC exam to obtain a Reactor Operator’s license for the Watts Bar Nuclear Generating Station here in East Tennessee.

The tax code is like a guidebook that tells you where the government thinks the money needs to go in order to produce a healthy economy.

If your test comes back hot then you go and hire a licensed industrial hygienist who will come out and do a full blown sampling and produce a report.

I have lived in this area and owned in the Bay View neighborhood also and I think the right product in this location could produce similar rents as the 'hipster' Bay View location.

If you need the income produced by these properties then you cannot buy them in an IRA; that money stays locked up until you hit retirement age.

Lou said that if you don’t generate leads to produce people who might need credit repair, maybe you run across someone randomly and can refer them to us (The Hare’s and myself).

Our LLC paid cash for these properties and they are producing positive returns.

My observation from being close to some of these individuals is that there are two main reasons why they often don't invest with other investment managers:1-they don't know them (trust)2-they don't like/know about their track record (competence)Since my current track record in producing returns through RE investing is non-existent, the only currency that I have going for me is my character.

So we shall stay patient and persistent and usually that produces great results

You will want to dig much deeper than internet forums or even the sales reps at most self-directed firms to ensure you have a strategy that will produce results without unnecessary regulatory risk or too much administrative overhead.