I've been researching this niche market for the past two weeks, both through books, podcast and online articles, and feel there is opportunity in this class.I'm finishing up a book called "Deals on Wheels" and find the asset class very, very interesting, and will be meeting with a local investor in CA who has been in this space for years and is willing to share his thoughts with me.I started considering this asset class in California because the housing affordability in my area (Orange County/Southern California) is running at about 18%. 

However, the Judge is going to reprimand Joe for even starting to talk about some of the things you are suggesting.Or is this Judge Judy we're talking about?

I preference is to buy out of state because it is virtually impossible to buy anything  around here in Orange County CA that will not be cash flow deep negative without putting down a boatload of money. 

Do you have any resources in Orange County that are familiar with various cities down there.Thanks for all the info

Orange in a similar unit. 

Comparing using an IRA to invest in real estate to investing in real estate with personal funds, however, is an apples and oranges kind of comparison for the most part - the situations are just so different.The best way to evaluate a self-directed IRA is as compared to other things you might do with the IRA account. 

Can someone recommend a CPA in the Orange County, CA area?  

and end up wearing orange jumpers for a 3 to 5 years and they deserve it.

Apparently Osceola, Sumter, Pasco, and orange are just too much even though they border us.

I currently have 1 LTR rental in Orange County, CA that has equity to HELOC and then ~25k cash to start investing.