Or, spend pretty my savings or all my credit cards to pay this $20,000 and learn how to pay my mortgage in 7 years or less making the same amount of money on my w2 job. 

The worst stories I heard were people who had good properties in the Peninsula, but 1031 exchanged some or all a couple hours drive east - often commercial properties.

I have a friend that is an OB/GYN and another that is an Oral Surgeon.

@Aaron QuinnI believe you may be a little mixed up about the process of using a SDIRA to purchase real estate.First you would select a SDIRA custodian, then transfer a portion or all of your existing IRA to that account.

assuming there was never a written lease in place, you are on an oral month to month contract with the landlord. if he wants you to leave, he must give you 30 days or one full monthly cycle of notice (in some states it is 60/two months). this means if he wanted you to leave by end of march, notice to vacate/quit needed to be given to you by February 28.

Natural is pretty self-explanatory and forced is basically adding value through improvement, decreased operating expenses, or increased rents...or all at the same time.A general response to your questions is that almost all data on "residential" single family includes up to 4-unit properties...it's rare to see data on 2-4 units carved out. 

You have a property that someone else is paying majority or all of the mortgage with ton of equity.

But the rubber meets the road at the ground level and with the properties in Situ .... you have one bad tenant and it blows all that research right out the window.. no amount of scientific research will keep you from the bad tenant risk.. or all of a sudden the street you bought on turns into rentals and your values drop from A to B.. and of course since your buying these A properties and turning them into rentals your degrading the neighborhood just by that fact..

He still earned $2000 for posting an ad on Craigslist...And avoided a seize and desist order for brokering from the Dept of Real Estate (if he is not licensed)See http://www.dllr.state.md.us/license/mrec/mrecdodon...An unlicensed person MAY NOT:Prepare promotional materials or ads without the review and approval of licensee and supervising broker.Show property.Answer any questions on listings, title, financing, closing, etc.Discuss or explain a contract, listing, lease, agreement, or other real estate document with anyone outside the brokerage.Be paid on the basis of real estate activity, such as a percentage of commission, or any amount based on listings, sales, etc.Negotiate or agree to any commission, commission split, management fee, or referral fee on behalf of a licensee.Discuss the attributes or amenities of a property, under any circumstances, with a prospective purchaser or lessee.Discuss the terms and conditions of the real property offered for sale or lease with the owner of the property.Collect, receive, or hold deposit monies, rent, other monies, or anything else of value received from the owner or lessee of the real property or from a prospective purchaser or lessee.Provide owners of real property or prospective purchasers or lessees with any advice, recommendations, or suggestions as to the sale, purchase, exchange, or lease of real property to be listed or real property presently available for sale or for lease.Hold himself or herself out in any manner, orally or in writing, as being licensed or affiliated with a particular company or real estate broker as a licensee.Contact the public concerning the availability of real estate brokerage services unless an inquiry about a specific property is immediately referred to a licensee.Elizabeth H.

So it may only cost 2.5% per year in post-tax dollars to hold, and growth averages about 10% in capital cities, so one is getting ahead by about 7.5% per year.Once one has a sizable portfolio, they simply have some or all of the portfolio re-valued every few years, and pull some extra cash out.So if I have $5M of property with $4M of debt (80% is standard here for residential), it will cost me about 2.5% (say) or $125,000 per year to hold it, but it goes up in value by 10%, or $500,000.