Do alot of reading, take notes, watch the webinars and podcasts when you have time..... and dont hesitate to reach out to people and ask questions or engage in conversation. were all here for similar reasons.

This allows the client to directly administer actual investments made with the plan, rather than rely on the custodian to do the processing.This Checkbook IRA LLC structure does provide an advantage to investors who will have multiple transactions or investment types that generate a lot of transactions or are time-sensitive in nature. 

I know because I've tried to do it multiple times and it does not end well.

Also there are multiple companies who provide FPI.

You are correct to consider multiple options for splitting between the land and building... but not the total basis.

I do have a dear friend can help me on buying and selling, and she also will give a sweet discount. so I might thinking about getting a license only when I can invest in multiple properties. thanks a lot! 

@Lakshmi Nikitha Duggirala this occurs when you send unrequested ads to people or send the same message to multiple people.

So, your applicant is engaged in tax evasion and has an eviction. 

@Brian Garrett I am not trying to over-simplify things here but I will for the sake of brevity..So I could potentially accumulate multiple properties over the next couple of years which are all free and clear due to my getting my initial money invested back from these strategies?

Thanks to everyone for their contributions and looking forward to engaging with you.