As far as the business plan goes I think you will find many benefits by preparing one, however it does not need to spell out every little thing (as you will change the plan as your grow and learn).

I expect to hear from Jon H soon :) Since the main benefit of the Roth is to allow gains to accumulate tax-free it seems counter-productive to do something that makes the gains taxable.

Consideration consists of either a benefit to the promisor or a detriment to the promisee.

Keep in mind once grandma sells the house, she now has $100k, which she might have to use up in order to qualify for benefits.

Homes are located in a great area and the construction around the area will benefit my homes as they are adding more coffee shops, restaurants, etc.

What are the downfalls of this as from what I know would be greater than the benefits?

Many sales techniques are first born and tried within the insurance industry.Insurance sales will also be great at teaching you how to deal with all types of people.The added benefit, insurance sales will expose you to possible real estate investments or possible partners.One of my real estate investment partners' primary business was as a life insurance salesman.You will also be in charge of your time.You may find the book "Swim with the Sharks Without Being Eaten Alive" a very good read.

I love these words and live by them.i currently have around 15k in savings, probably at least 10-20 k in assets, an entire home worth of goods from when i lived in a condo a few years ago in my parents basement (i am living at home at the moment, FREE of course, the greatest benefit)the final semester of my program is relatively laid back, with 300 clinical hours and a research project and a couple exams.

You might sell the house faster, but that will likely be your only benefit.

Explain the benefits that they are getting from the deal.