They don't have time to sit around wondering whether to keep those old boxes of used toilet paper rolls.

If he really wants to "roll up his sleeves", he can scout properties in your community (or on the internet) and get paid a "commission" if he finds one of your investor-friends in Omaha to buy it (aka, acquisition fee/finder's fee).

After the property is acquired, during any 30-month period, the additions to the basis need to exceed the adjusted basis at the start of the 30-month period.What is the 50% of gross income test?

You could roll an estimate for utilities in with the rent to make it easy, or charge each month which takes a little more time/effort. 

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

This of course depends on your starting bank roll - but if its like mine (under 100k) - Im trying to put as little as possible into it on top of initial equity and fees.this will likely chew a big hole in your ROI  (now if you are looking to improve value with a cash out refi or a great prospect comes along that needs combo new plumbing, roof, windows, foundation repair, etc - well just make sure you know what youre getting into and/or have a good contractor and finger on the pulse of the market when estimating the ARV YOURSELF - couple missed items and you risk having a bad first investment and not doing it again).    7) dont be scared be ambitious ( i should heed my own advice sometimes) 8) define numbers goals within your target areas.  

I didn't know if it was easy to close a SDIRA and roll it back over to a traditional or not if my investment pipeline runs dry.Thanks

., the latest "guru" lawyer just rolled through town convincing the tin-foil-hat crowd that everyone is coming after them, and they need to pay him to arrange privacy and asset protection.

Next step - DON’T overlook key inspection items: sewer scope and radon testing.✅ Radon is a radioactive gas that is released from granite into the soil that is known to cause cancer, and can leach right into your home.✅ Any home built before 1980, likely has cast iron or clay sewer lines which will deteriorate over time.These issues can be avoided.

The solution is to location the meters as close to the billed unit as possible (or even inside) but sometimes that's not convenient because the return and supply lines are on opposite sides of the building whereas you could easily put the meter right next to your boiler / zone valves where all of the pipes are easily accessible.As for cost per BTU, with oil, you keep a rolling average of the price per gallon in your tanks and divide the BTU's used by 138,500 (BTUs contained in a gallon of heating fuel).