I am working with them now to buy my next flip. 

@Brad Kanouse,I believe this is a duplicate of this post:https://www.biggerpockets.com/forums/311/topics/1210256-usin...But regardless, here is my answer:If you take a distribution from an IRA - it will be subject to taxes and penalties.You can convert your IRA into a "Self-directed IRA" and have the IRA buy the property, in this case you are not the owner, the IRA is.

so 80k house 10k to buy  it..

It feels really unethical.Your comment: "I got a call from my attorney"I'm curious, since you have legal representation that you are presumably paying for, why are you asking people you don't know, who aren't there, haven't seen the paperwork, don't know the local laws or the situation, instead of asking your attorney?

A key lesson here is buying at the right price; overpaying by $15K can make a big difference.

Usually this setup is a better deal than buying turnkey as you don’t have capex lurking over you, but it’s still a headache as anything worth anything is.

Most people won't put in the work. 

I think people can definitely get rich quick.

Most people living in far north suburbs of DFW are not working downtown. 

What was done fraudently that also could not have been discovered in underwriting that people should be aware of?