Further, many (again may not be a majority, just more than another group) have life’s “out of control”; domestic violence, drive by shootings, kids with gang affiliations.  

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When investing in New Construction, you are controlling the property for the first, BEST years of a buildings life.  

Private lending is the perfect investment for a retirement plan in our view, and we practice what we preach exclusively in our plan.

Cash for keys is a terrible practice.

Your advice sounds practical, but it's really not. 

I understand the unique accounting needs of real estate businesses and can help you track all your financials effectively.I am familiar with the best practices for classifying flips in QBO, whether they should be treated as short-term or long-term investments.

You can place the home into an LLC that is controlled by both of you after closing for most lenders and come up with terms and an operating agreement post closing. 

I also have a FB group exclusively for PMLs and small PML business owners to connect, share best practices, learn from each other.

Rehab costs on anything more complicated can spiral out of control fast.