Their answers are always along the lines of "no money down" or "you can use it basically an unlimited amount of times".

This is advertised as a “protected” note as Aloha is supposedly fronting the first $100k in the line of loss.

However, just get in, see where you fit, and build over a decent pace where down the line you will be doing great.

Hey guys,I live in Atlanta, but have my first subject to deal lined up in Peoria, IL.

@Paul Moore and others have done a great job taking fees down in the product.  

And yes, the income from renting is still taxable, but ideally you are offsetting a chunk of that with depreciation which is a non-cash expense.You should read Amanda Han and Matt MacFarland's books as well which are available in the BP Bookstore. https://store.biggerpockets.com/products/tax-strategies-book...

She also just wrote a book for BP as well https://store.biggerpockets.com/products/self-directed-ira-i...

Ive owned property before so its not super scary to me, but I am far from experienced enough to see the intangibles that may cause problems down the line.

I also help real estate investors fund up to $150,000 in credit lines at 0% interest with no collateral in 90 days or less for property acquisition.

I want to find a way to get a revolving line of credit, or hard mony loan for this trailer house w 4 acres above.