To clarify, I have been studying real estate for several years, but have been otherwise engaged in operating  other businesses that my wife and I both own, both as CFO and CEO roles.

I host a group for midterm rental operators and I had 2 people in last week's meeting essentially say the same thing.

Then I would focus on growing relationships and building your core 4.

Cheers.Technically any bank can operate as an IRA custodian but they don’t all do it.  

Talk to other clients, go look at his current job site and see how clean it is, the quality of work, if the order of operations is making sense so far, etc.PS I'm a GC in the Nashville area and can take on a handful of clients in 2025 if you need me.

And Sec8 sounds great, but comes with it's own issues.Add it all up you get a low dollar, but high headache strategy, which is a challenge that gets amplified, especially when you are operating remote.

Top Housing Markets for 2025: Cities Where Home Sales Are Set To SoarI operate and invest in Pueblo West and Canon City currently, and it has for sure been a softer market for sales.

Over time, that approach created a core group of loyal investors who’d call him first whenever a new opportunity popped up.

I ultimately invested $65 cash, $5k in legal fees, and $9.7k in operational expenses while owning the home, and walked away with $17.3k after a judgement.What made you interested in investing in this type of deal?

@Patrick Pan, if I was operating in a state where that was a concern I would just contact their current landlord for a reference.