For example, with Equity Trust Company, you can establish what we refer to as the Universal IRA.

First of all they need to trust you and you need to have an established relationship in accordance with the 506b rules.

I've seen investors allocate 5-10% for capital expenditures (capex) and vacancy, but you won't have a clear understanding until you've owned the property for a few years and established a track record.

I've read that this business has a lot to do with relationships to get the supply. 

Quote from @Carlos Ptriawan: Quote from @James Hamling: Quote from @Carlos Ptriawan: Quote from @James Hamling: Quote from @Carlos Ptriawan: Quote from @James Hamling: Quote from @Carlos Ptriawan: Quote from @Scott Trench:So there is a lot of incentive from some big long established entities in both syndication and banking/finance to just sit back, let others over-leverage and drive thing's bust, because picking up the ashes is more like picking up the gold.

There's a lot to be said about this but having process in place to mitigate turns going bad helps.

Establish a Charitable Remainder Trust (CRT): By placing the property into a CRT, you can receive a charitable deduction, defer capital gains taxes, and receive income from the trust.

Establish an operating agreement for each LLC.

If a student loan is in repayment, or scheduled to begin within 12 months from the date of VA loan closing, the lender must consider the anticipated monthly obligation in the loan analysis and utilize the payment established by calculating each loan at a rate of five percent of the outstanding balance divided by 12 months.

Sounds like you have a lot to contribute here!