I have found one that I think could be a winner, but I want to see if there is anything I'm completely missing and maybe gather some good questions I should take to the seller before jumping in.The basics are that it is a 247 unit business, split between two locations.

We still have physical locations, cubicles, commutes, prized parking spots near the door just like we did 40 years ago.

Originally posted by @Lesley Resnick:Originally posted by @Justin Thorpe:@Lesley ResnickClearly you did not get into BTC at the right time and price :) History is written by the winners.  

I rented to tenants where the wife was self-employed in an at-home business that involved products and was the "bread winner". 

Hi @Camron CottamAny risk/reward investing venture in a free market will have winners and losers, doesn't matter what you are investing in.

Alternatively find a good property management co and the properties may be winners.

As you can guess, this means that I am purchasing a house that is a disaster area (I almost got sick from walking in the Lafayette house – that’s when I knew I had a winner).

Would a better approach for me be to show up at the auction, hand my card to all of the bidders, and mention that I'm interested in buying it from the winner?

Is it really that close that 1 block is a winner then the very next block is crime?

If the "prize" is the operating income of the business, however, and the business is not a taxable C-Corp but rather some kind of a pass-through entity like a LLC, then the IRA will be subject to UBIT taxation on the income.