Each property is different in that I can accept a smaller or larger IRR depending on the overall risk entailed with the property, but none the less is still a main driver.

Follow up with the legal part of due diligence, which entails seeing if there are any code violations, i.e make sure it is a legal three family.Hope this helpsGino

I pretty much know what that entails. 

Secondly I would figure out what type of investor you want to be.If you are looking to be a hands on investor putting deals together, which will entail more work than you think it does, look into starting off with some cash deals.

When working the numbers, don't forget to include how much time you spend, and what kind of risk does your portfolio entail. 

@Jillian JohnsonFollowing is some information regarding the self-directed IRA LLC.The Checkbook IRA Do’sDo open the checkbook IRA bank account in the name of the LLC, not in your personal name.Do use the LLC employer identification number (EIN) when opening the checkbook IRA bank account.Do title checkbook IRA investments in the name of the LLC, not your personal name.Do pay investment expenses associated with the checkbook IRA assets (e.g. for a real-estate property, this entails paying property taxes, property insurance and repair costs) using checkbook IRA funds not personal funds.Do deposit investment gains into the checkbook IRA bank account.Do manage the checkbook IRA but do not receive compensation for doing so.Do make IRA annual contributions to the self-directed IRA first not the checkbook IRA.The Don’tsDo not use the checkbook IRA funds for your personal use.Do not use the checkbook IRA assets (e.g., for a rental property, do not live or vacation in the property).Do not perform repairs on real-estate property owned by the checkbook IRA as you are a disqualified party.Do not deposit personal funds into the checkbook IRA bank account.Court cases that support the Checkbook IRA arrangement Swanson v.

They know what their job entails and they get paid well to do it. 

If you read a couple of fix and flip books, you will see how much work and risk it entails.  

Installers take the shortest/easiest route available, no matter what that entails.

I've been reading about REIA meetings but wasn't really sure what they entailed....I really appreciate you sending this my way.