Keep in mind, you can’t use personal funds or your home's equity to directly fund the SDIRA investment, and all property expenses must be paid from the IRA.

the only thing with that is protecting future landlords.. but then again thats a personal choice..  

Personally CA scares me. 

In my view by doing that and making contact with persons found using the process will result in getting a lot of your questions answered.Have an Excellent 2025,Doug

While Facebook Marketplace isn't the sketchiest site (craigslist), I personally would never give my ID across it.

I personally have no connections with anyone who is involved in this niche and I'm wondering how other people have started their journey.

Lenders often include a portion of the cash flow in the investment property as income to you personally to offset the DTI. 

Personally I wouldn't feel comfortable trying to wholesale a relatives $1M home knowing that I am breaking the law if I cross over into doing anything that can be considered representing them in the transaction, and knowing it will only be marketed to people who buy properties wholesale (typically investors who don't want to pay retail prices), instead of the majority of retail buyers active in the market who are typcially willing to pay more. 

He's efficient and personable and is very able to assist you with questions if needed.Hope to discuss this with you further,

I personally use 40% but I'm also in a higher rent area.