I am eager to try my hand here to invest for my families future.

The more I do that, the more I understand first hand how each component interplays with the next.My plan is to take a trip out to Indy to tour some of the areas first hand later this year.

The reason I ask is because a handful of clients that are interested in investing are using self-directed IRA funds (through Pensco or Entrust), and therefore cannot take advantage of the depreciation - being that its retirement money and they don’t have deductions/losses to use.

The reason I ask is because a handful of clients that are interested in investing are using self-directed IRA funds (through Pensco or Entrust), and therefore cannot take advantage of the depreciation - being that its retirement money and they don’t have deductions/losses to use.

But I doubt this is the case from the sounds of it.I have purchased properties before where there were incredibly complex title searches, where multiple estates were involved, heirs died without a will, hand written deeds in the chain with incorrect or incomplete legal descriptions, etc. - and in instances like these, I've paid the closing attorney upwards of $1k - $2k just for his fee alone.

The guarantee on the other hand would be a red flag to be.

@Jared Vidales while I dont know first hand I do read BP A LOT, I've seen many people posting problems getting rid of flooded properties, both selling and renting.

They told me he should have immediately taken steps to mitigate damages, i.e. dry out the carpet, walls etc. so he might have a bit of a battle on his hands with them. 

I'm currently in the process of implementing rent increases at one of my complexes and they are relatively $150 below market, so I'm doing $50 per year that will single handedly increase the property valuation by  $320k over the next 3 years ($106k yearly).

Good Morning,I have a unique situation on my hands.