One reason is my age of 61, about 30 years in construction management, about 30 years I had real estate broker license in Texas, and I got a college graduation degree in Business (that emphasized real estate) , and being born and raised in Dallas, Texas.I'm completely un-knowledgable and where to be in Minnesota and is beyond my knowledge.   

I need to take the next step as a RE Investor and wanted to grow my network both locally and across the country.

All the best in your journey, and I hope that you continue to learn and grow through BP.

.#4  Start growing your "network capital".   

Whether you buy 100 properties by then or none until it is paid off, you will be able to grow expenentially once that payment is gone.

All the best in your journey, and I hope that you continue to learn and grow through BP.

My main reason for considering commercial is because 1) the duplex and triplex and even 4plex market in my area is very competitive and it drives purchasing prices too high. 2) I guess I’m kind of a pretty ambitious guy and my wife has followed my lead and trusted my guidance and I want to help our growing family (2 kids and 1 on the way) meet our financial goals as fast as I can!

For me it depends on the age and quality of the rental.

This account has been growing steadily (but not as fast as I'd like).

Most of the scenarios proposed to us by potential clients for such joint ventures would likely create a benefit between the parties and not pass scrutiny in an audit.There are many ways to safely and productively grow your IRA investing in non-traditional assets such as real estate in a standalone fashion,  There is no need to take unnecessary and foolish risks with your retirement savings.