However, (a) there are IRA/401k compliance concepts that you should be aware of and (b) you should develop an efficient method for accessing IRA capital - I'll often get introduced to syndicators that find dealing with IRA/401k money to be a huge nuisance, which it does not have to be.On most syndicated deals there will be leverage involved, resulting - potentially - in taxable UDFI to IRA investors.

We felt this method minimized the potential for income disruption while still getting us closer to market rents for the longer term tenants.  

- any advice on due diligence steps investors should take?

I have a couple of potential off-market deals coming my way, and want to partner with an experienced local investor for every step of the process...help with analyzing the deals, as well as the rehab.

Not sure where it is located but maybe your first step is to try and sell the lot to someone else?

I’ve been interested in real estate for awhile, but when I stumbled across this podcast it really gave me the kick I needed to take the next step.

If you wanted to take it a step further your county should have a local zoning board i'm pretty sure you can appeal to them as well for info in exactly what your looking for just try doing a bunch of keyword google searches i'm pretty sure something good will pop up. good luck !

( Private Finance/ BRRR method)2) How to reach 10000 Magic Number.Any suggestions and guidance will be appreciated.

( Private Finance/ BRRR method)2) How to reach 10000 Magic Number.Any suggestions and guidance will be appreciated.

I am planning on using the BRRRR method so that would be perfect.