I have the same previsions; the administrator of the trust makes monthly disbursements to my heirs.Don't reject just because of this.

I’m currently in college working on getting my associates in business administration and accounting.

@Amitpal Gill  As you will eventually find out, motivated sellers in probate are more limited than you imagined and they involve the more complicated problems in real estate but it is doable if you know what you're doing.First, you will be writing to the executor or administrator (known as the personal representative or PR) of the estate.

What about administration and accounting ... is that bundled into management?

Most likely you will be inclined to not treat the cash movement as a loan because of other administrative issues ( such as interest calculation and interest income to the LLC) If you dont want to treat the movement as a loan, then those cash movements would most likely be booked as distributions to a respective member of the LLC, ( husband in case husband's LLC), and the subsequent capital contribution from another member of another member to LLC ( wife's LLC).   

I have had that experience personally of my securities lawyer telling me I am fine .. then sitting in front of the state securities attorney and regulator telling me I am not fine and paying to watch the two argue LOL.. we thought we were right they thought we were wrong.. they would shut us down until we had our hearing at the administrative law court..

As you business grows, consider passing along some of the tedious administrative work to free yourself up to be more productive.I'm relatively new as well, but these things have helped me along the journey.

Most offer 3-5 year ARMs, and the mortgage payments, as well as the UBIT tax, must be paid with IRA funds, not personal funds.Finally, it's important to check with your 401(k) plan administrator to see if they allow in-service distributions, to rollover to a Self-Directed IRA.  

AAS degree in network administration, while this does not pertain to real estate in general.

put it towards down payment and/or rehab & "pay yourself back (plus administrative fees)?"