The other 2 lots I created ended up being on the other side of the street so it didn't really effect how my estate was laid out and $400k is a nice lil chunk of extra change to have when you're doing a big build.

I want to know is it more cost effective or easier to purchase the property alone and put it in a mortgage in our name or purchase the LLC from him that holds the property within it.

If you are hiring a PM, then it's not a big difference either way, but if self-managing you don't want to go much bigger than you have been or you may not be able to do all the work.

I self perform most of my construction at this point and find it very difficult to make ground up construction pencil in Philadelphia unless I am selling for $400/ft.

Bizarre.My wife and I also have a self-directed 401(k) plan, @Tina Artigliere and @Alicia Prokos.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

You cannot go after them as for a regulation a+ offering is self attestation (meaning you are attesting that you are not putting in more than 10%).

What I don't like is seeing the removal of peoples options and freedoms to self select and engage in what they want to do. 

This guy could come up with a self-serving reason for everything he did.

However if you are self managing, that is work.