After reading I understood that only option for me is to open self directed ira with check book control...which I need to learn details and all other different types of account options.What is the best option i have right now?

If his present agent understood he would not have showed his client the property in question.

Then comes a technique known as cost segregation - the specialty of couple people who contributed to this thread 2 years ago, back when the new rules were very new and not well understood. 

He is an investor himself and understood exactly what I was talking about.After we received our approval letter last week, I emailed him about a possible construction loan with his institution and his response surprised me.  

It was understood that they were going to give us keys at closing but they have gone dark on us...

@Andrew Beaver Understood. 

From what I understood according to this article here https://smallbiztrends.com/2014/03/register-busine... foreign registration wouldn't apply in my case, since I wouldn't have a physical address or employees or a warehouse or a physical property I buy and hold in that state. 

Every single person has understood this and has been perfectly fine with how I intend to make a profit. 

I understood what he was talking about.

@Michael Ablan Looks like you understood what I meant :) I meant whether anyone has tried to buy a fixer upper with hard money loans.