Overall, been very impressed with RRG and the revenue it is producing with our strategy.

In year 1 I would collect about $17,900 in interest and $3,400 in principal.

If you nail the marketing and management, you could see some impressive cash flow.

House hacking and growing to a 7-figure portfolio is impressive.

This particular property was within 100 miles of me, so I was under the impression that an FHA loan would not work, is that correct?

Quote from @Denise Evans: The law changed it to 4 years after the first auction, or the first sale by the tax collecting official.

You can invest in anything except the following:  Life insurance (SDIRA only) and for both collectables and disqualified parties/prohibited transactions.

We have a collection process through our management software we use.5) small dollar amount in Iowa I'd say go for it yourself.

What if they have collections or judgments?

Current systems and tools:- Assistant to manage payments, invoices, ensure rents come in and chat with tenants for issues- Melio for vendor payments- Baselane for banking - separate accounts for each rental and deposit- Google sheets for Income and Expense reporting- Azibo for rent collection automation with late fee automations- Drive for my leases, SOPs, and documentations of tenants move in/move outGoals of improved system:  ensure I have a read out of how each property is preforming month over month, check on big expense items, ensure vendors get paid, mortgages get paid and rent is coming in, generate APY on float and savings for any big CapEx that comes up, and make my life easier come tax season.Is there a single software people use or what do you do for your business systems to optimize all of this?