Originally posted by @Mat O'Grady:@Mian RizwanIf you look into the cities, you will get better cashflow, but you are also dealing with a different tenant base.How come you are in looking in CT?

If they are strapped that month they are going to pay everybody else before they pay you , trust me .diapers Walmart  cable and cellphone bills will almost always get paid before the rent will 

My thoughts:$85k - purchase +closing costs$5k - Clean, minor repairs, paint(HVAC is new, laminate floors in good condition) Sell for $140k+/-(profit $50k) or BRRR which would leave me strapped for cash for atleast 6months.I currently have $50k to my name, a family member will loan me up to $25k, & $5k EM.

I was adamant this wasn't the case, we've always had a mat down and honestly, we're careful and clean people.

Teaming up with a mentor is like strapping rockets on. 

.- Tie-downs or straps that hold the trailer to the slab. 

If your monthly payment is $500, and your closing costs are $5,000 then you would need to recognize $6500 (5,000 +(500*3)) with your bank sometime before closing.The nice thing is you could borrow money from parents or what have you then recognize the amount, then give it back if you're strapped for cash.

Congratulations @Scott Pearson.If you want any more information about SDIRA's check out this book. it has a wealth of information on how to expand yourportfolio.The Self Directed IRA Handbook: An Authoritative Guide for Self Directed Retirement Plan Investors and Their Advisors by Mat Sorensen

You can learn more about him at https://markjkohler.com/about/And for anyone else out there, Mark, and his Scottsdale partner Mat Sorenson https://kkoslawyers.com/lawyers/mathew-n-sorensen/ are always the smartest guys in the room. 

Roof shingle repair, install hurricane strap and insulated the roof ( the roof had about 5- 8 years left)3.