Thank you for those precise neighborhoods.Best of profits to you!

Amount of down payment, rate, length of term, structure of payments, personal items included with the sale (could be furniture, could be a vehicle, goats haha, who knows?)

That's a good idea as far as checking the potential renters vehicle if the chance is given.  

With this option special purpose, single member LLC is used as an investment vehicle inside of the IRA.

@John AcklenSome of the information on this thread needs to be clarified.Here's a path forward.If you're moving to the midwest and can find a property to move into that has up to 4 units, you should be able to use FHA as your financing vehicle. 

But I believe many people will still want to own their own vehicles.

Once you have a few projects under your belt and have a more precise idea of what particular rehab items cost then you are more likely to have luck pushing your expectations a bit higher

You have outlined precisely why I have moved forward with plans to do the same.

a deal is only a vehicle to cash flow - any dope can buy a house or a commercial building - but the real bottom line is how much cash are you going to make and how long will it take?

It's been great to be able to use the real estate experience for that vehicle, it's definitely out performing the stock market