Let us say you want to have a Section 8 rental, then first try to define what you can afford and where is that money will come from.

FHA loans are really only best in lower credit and lower down payment situation. if you have the ability to do 5-10% I would do it. if you don't need money for repairs , you could do on the higher end 10%+ but if you do need money for repairs 5% could be good. some lenders will do recasts on loans and you cannot do recasts with FHA.

Chi Ta program offer 12-month membership for $10k with financing and help in getting first arbitrage from landlord.I'm about to sign up but wanted to do my due diligence I want to check with people here if this is legit and if the program is worth the money they as asking for.

There are tons of hard money lenders out there, my question is why them?  

At the same time, I have decent money in my IRA  invested in mutual funds.  

I'm thinking of ways to invest some money to bring me a residual income so I have watched Bob Diamond blueprint on overages.Has anyone tried hus program or currently using the program today.

They provide lines of 0% credit with an 8% fee, hard money and DSCR loans among others. https://www.rammfinancial.com/Thoughts?

A lot of people watch the TV shows and think it is easy money ... most of us learned the hard and expensive way.Good luck in your journey ... wish you were closer to help!

It would be a waste of time, and money. 

Whatever loses you less money will be the answer!