I wish you the best of luck building your business on another platform.  

However, that was a fluke.Warranty companies are in the business of making money.

To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.

Here’s why this market is so ripe:1️⃣ Mom-and-Pop Sell-Offs at Huge DiscountsA lot of these properties have been in the same family for decades, but now the kids aren’t interested in taking over the business or the real estate.

Best bet though is a local community business bank.. 

I would say my end goals would be some financial independence and also some business knowledge through transactions.

It links to our business bank account and our business credit card so come tax time, deductions should be easier.

I think there's a pretty low bar for competency in the management business because it's not glamorous and can be a grind.

Also be aware of Unrelated Business Income Tax (or UBIT) on leveraged real estate inside of an IRA.Or better yet, since you are self-employed - go with a truly self-directed Solo 401k plan, which would be a much better option and will help you avoid the UBIT on this investment.

He’s not a pushy salesman, and I’ve got a business partner who has worked with him for the last 10 years without any issues.As for your situation, I wouldn’t say it sounds like a Ponzi scheme, but I’d strongly recommend meeting with the fund sponsor in person and asking as many questions as you can.