Counterproductive to your end game.Roll the IRA into a self directed version and buy the property with IRA funds (you can get a non recourse loan too).As @Christopher Phillips mentioned, every property needs to cash flow with at least 70% financing or it is not a good deal from a cash flow perspective.Also, this $700 or so cash flow you are quoting, does that take into account all the expenses?

i wrote one into my most recent version a few weeks ago and plan to have an attorney review it prior to using that lease version.  

Link the bank account to the  free version of www.expensify.com to track your expenses in different categories.  

Is applying sort of like a condensed version of a mortgage process (tax, income verification, etc?)

Especially the new ones.My strategy is the slow and complicated version of what can be done much easier with a bit of savings and leverage.

The 2006 version of "risk" was "lost opportunity" rather than a deal going sour.

The short version of how we ended up here is we bought a house to fix up while we lived in it.

From what I can tell, there is a lite version (though no idea of the differences in version) for 197/month or 1987/year. 

My agent was happy to make the offer, defend the price, and we'll see where it ends up.So that's one version...the other version is...There's a subdivision of 100 similar homes with an average sales price of $200K and then I go in and low-ball $100K on every single home that comes up for sale.  

I've started listening to the audio version of "Rich Dad" and I really appreciate your advice of working "on" my business, rather than just "in" it.