After doing a number of residential deals, I'm gearing up to embark on my next venture of owning larger apartment complexes.

Combine that with the " 10% mover coupon" mentioned above and you've got yourself a solid savings of 18-20%.I know it may seem like a hassle for big time investors but for the modest DIY rehabber/investor the savings can really add up quick.

BrianI am not 14, however, I began my own entrepreneurial ventures at 14.

Your own labor would also be considered a contribution, so you cannot do DIY work on a property owned by your IRA.Real Estate is absolutely not forbidden in IRAs.

In addition, I do not think higher rents are sustainable over time while SFR prices continue to decline.Average household size may increase for a while, but as employment improves people will want to venture out on their own.

Like junk bond buyers chasing yield, residential investors chasing out-sized returns occasionally venture into the rental-condo maket - typically lower-income units, since it's an area of the market where owner-occupied demand is so low that you can buy the unit cheap enough to make sense.In my opinion, with older lower-income bills-paid properties you have to practically pay nothing in order to be comfortable with the risks.

That was common in our nonprofits with such lots, until we started building and the risk of loss became greater, you can always get it insured later on.Not saying not to learn as much as you can, just saying this is a specialized legal filed that has no room for amatures and DIY types trying to save a few hundred bucks.

I think I'd like to buy and hold just because I can't personally rehab(not a big DIY fix-it guy).

Only borrowing about half the appraised value, but should give me an excellent jump start on my next venture!

I have no interest working with them and they are cut loose to broker hop and venture into the weeds of the many mediocre agents that are out there.