Josh, may I suggest placing this offering front and center on the site as this one thread may not get the necessary exposure it needs.

What they are doing is transfering criminal penalty risk exposure to YOU.

Charles Soper you might think the “lion’s share” of the work looks like it comes from the buyer’s agent, but please understand that a top-notch listing agent has a lot of skin in the game, spending their marketing dollars on getting maximum exposure for your property, investing time each day networking and getting that property in front of as many buyers and buyer’s agents as possible.

There are higher down payment requirements and slightly higher rates, but is it still the ability to use leveraging in your IRA, which can be powerful.With an IRA, the use of debt-financing does create a small tax exposure through a tax known as UDFI. 

It is not a home run but it is not a bad deal either.I am not familiar with Wheat Ridge BUT if that area is a hot area where house prices are projected to increase or keep increasing over time, that would make it a very good deal, in my opinion.With  a property that cash flows well enough to keep it, the exposure to house price appreciation would really be the icing on the cake

Creating an LLC taxed as an S-corporation for each property would be quite costly(depending on how many flips you do in a year).A) If the property is in CA or if CA deems you do be doing business in CA - CA will charge a minimum tax of $800B) You would need to pay a fee to register and dissolve each CA LLCC) you would need to pay a fee to your accountant to elect the entity to be taxed as an S-corp.D) you would need to pay $500+ for each S-corp tax return to your accountantWith that said it depends on what your exposure is for liability purposes to see if it is worth it to have multiple LLC's.If you have 5 fix and flip projects going on at once and a contractor sues you for whatever reason - are all 5 fix and flips exposed?

We have clients holding assets such as real estate that create liability exposure as well as assets such as stocks or notes that really do not create much risk.  

Increasing your portfolio increases your income (offense) and paying down/off rentals reduces your debt exposure and your debt : income ratio (defense).

We broker for a lender where the max exposure is $3 Million.

The unfortunate thing here is that investment properties foreclose at a higher rate than primary homes so many banks just don't want the exposure to this.