Can you share a little more about the "upcoming tax reval" you mentioned? 

There are many many more hoops to jump through, and paperwork needing to be filed, and custodian fees (and fees and fees) not to mention having to deal with "non-recourse loan" lenders AND the complications of the taxes...I came to the conclusion that unless you can buy the property outright in the IRA it just wasn't worth the hassles, red tape, paperwork etc etc etc.Plus, RE has many great tax advantages that you would be giving up when buying in a tax advantages account.If I had $150-200k in the account, that would make things different.

Your website mentions that you can help people that are over-leveraged.  

You mentioned that credit repair has nothing to do with real estate, thats not entirely accurate.

As mentioned above by a few people, the owner occupancy percentage makes it conforming or not conforming(meaning, it satisfies Fannie/Freddie guidelines).  

The cash flow would either serve to pay of our bad debt faster or put back into the properties (or get the ball rolling on another property, given we can find a lender)Someone mentioned that wholesaling is a full time job, but several of the guests on the BiggerPockets podcasts have done wholesaling part time to start.

Thanks for the mention Jered.Much success :)

This house is at a good price, but when we arrived, the agent mentioned that there is a $66,600 tax lien on the house.

The main question now, as you mentioned, is whether we want to pursue properties that need rehabbing or not.

I hope I'm not being delusional here, but Real Estate has captured my interest seeing as so many people have mentioned it before.Currently I'm in college pursuing a 2 yr degree in Construction Management and will transfer to get a bachelor's in the same field.