Best wishes 

If you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a speciality trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.Can I contribute to both a Solo 401k and SDIRA?

Wishing you the best of success!

I wish you well in your situation, this is never easy.

Making money in real estate requires experience and starting with no or little money makes you study harder.As much as most of us probably wished for it, getting started with a lot of money in your pocket is a recipe for disaster: the temptation is to make the deal work by throwing money at it.If you want to go into real estate go with a syndicator with a good track record.

I appreciate the warm welcome and well wishes.

I do not wish to waste my time watching videos,searching the internet for how tos and what I should be doing.

My questions: - Looking to understand pain points of operating in Indio that you wished you had known - Besides the music festival in April, is there frequent tourism ensuring you are making the annual CoC ? 

@Peter Neill First of all, that is an absolutely inspiring story and I want to say congrats and I best wishes for your continued success!

@Jay HinrichsThere was a post in the fb group where the sellers realtor was trying to give advice to the seller on the reasons they should sell sub to.I made a comment that I wish finra could see a realtor trying to provide financial advice to an elderly sellerThis is where things are gonna go wrong quick.