At the very least you will want to have some general foundations set because with time you will modify processes and the learnings via experience you gain.

This has been my experience: "As to the remedy plaintiffs seek, the case law reveals that "the equitable remedy of specific performance is routinely awarded in contract actions involving real property, on the premise that each parcel of real property is unique" (EMF Gen.

@Jonathan Yake did you refi to free up your VA entitlement?

One caveat to this strategy is that you can’t live in a property that your IRA owns, nor can you rent it out to anyone else who may be considered a disqualified person like your spouse or child.Feel free to connect with me and send me a direct message if you want to learn more!

@Colby Burns  Agreed regarding the PM side with them (A member of my spouses family had a horrible experience with them)  Regarding the construction side, I cannot speak to. 

Has anyone had any experience with this process?

We understand that tax complexities can be challenging, but our experience shows that many of these barriers can be overcome with a strong local team.

Feel free to reach out if you need any assistance or have any questions!

After talking with my mentor (He's a realtor with 20+ years experience) he suggested purchasing a rental property first.

Even though we live in earthquake country, this was a new experience for us.