They knew and trusted me (and that's a big thing...TRUST).You can make a profit off this property if you know how to do what's morally right.  

Thanks for the moral advice, if i want more, i will go to moraladvice.com

And insulation to reduce energy consumption might as well be non-existent in some of these. 

Business has never faced the type of moral challenges that it faces in today’s global economy. 

I figured that's ok I will take my friend for moral support he owns the construction companies that I do the book work and estimates for and has flipped several houses himself. 

If you end up having an issue with one of the set's of tenants, there is a very high probability you may end up having issues with the others as well, as they will tend to stick together and give moral support to one another, regardless if they may be in the wrong.Additionally, if you ever end up having to evict one set, the other set of friends or relatives may well leave on their own, now leaving you with 2 vacancies to fill instead of one.This is just my policy and how I view it, I'm sure others may have a different view.Bill

I didn't know if anyone had run across this issue before, or if it is even illegal.I guess the moral of the story is for people to include core samples in their property inspections.

If not, and you find that dealing with contractors or the time consumption is more than you want, then find another method

Account Closed I completely agree I think it really is morally wrong for me to get my parents further in debt just to go to college and mess around or not have an idea of what I really want.

The moral of the story is that ALWAYS check with your plan provider or get legal advice from someone who specializes in Self Directed accounts.Dan Dietz