My goals is to fund my youngest daughters college fund, create some passive income, become financially independent, and conquer whatever challenges that may/will occur.  

In other words, no collision, no everything else.Then several years went by, my daughter got her drivers license.

Since then we have bought two more houses, one we moved into and one for my daughter in another state.

Then, they got a little lazy, when my daughter got her drivers licenses, they raised my auto insurance rates by $350/month.

I see duplexes for sale for $35K where a mom lives in one side and the daughter lives in the other side where they've been long term tenants- in return I'm thinking what a perfect scenario.

Daughter graduated from J&W is also a chef. 

You certainly can not go into another person's bank account and withdraw funds without consequencs.DISCLAIMER TO ALL READERS: There are several incorrect statements in this thread, readers should be advised to consult a tax professional knowledgable in retirement account (specifically self directed varieties) tax rules and law including UBIT.In the example of the father in law having a 403b, your wife, the account holder's daughter, is a disqualified party and as such, these funds can not be invested into YOUR rehab projects.You do NOT need, nor are you "required" to have an LLC for self directed IRA's where you want to invest in rehab flips or any other investment for that matter.

Greetings to All,I am a former elementary school teacher, originally from Texas, but I have lived in Maryland for the last 15 years with my husband and 14-year-old daughter.  

Now when I contacted the owner of property (found out was dead and now the daughter is "executor" of the home) she told me that the home actually has 6 beds, 4 baths (2 beds in basement along with the sauna, steam shower, furnace, water heater, 4 sump pumps and living room area down there).

Lacks the intent to purchase, consider it this way, (just making a point) say I give you nominal consideration and enter into a contract to date your daughter, and your daughter gives her consent agreeing to date me, and you consent as well.