Since I have a full time job I don’t have time to oversee everything involved in real estate investment so I will also likely hire a management company.

With the custodian approach, they hold the funds, sign every document, cut every check, and receive every deposit.If your investment interests are more dynamic, and will involve multiple assets or assets that require a lot of transactions such as rental property, then a plan offering checkbook control such as an IRA-owned LLC will be more more effective and efficient. 

I have been involved in the past about sales managing and maintaining commercial properties as well as construction projects into retail, banking, movie theaters, and a hotel.For about a year I have been watching and listening to a gentleman that has about 25 years in the experiencing of successful real estate buying and selling apartment complexes and currently owns almost 5,000 apartment units. 

Government run economic agencies, The Chamber of Commerce, heavily experienced Realtors in that area, current Housing Associations, heavily involved Banks involved in the local financing may all be successful at helping you to find the right information you need that will help you decide on to what to do.  

I'd advise talking to a real estate lawyer before you get involved in pre-foreclosures and ask for guidance regarding state and federal laws.

The biggest factor of your success in investing will be your involvement, education, and TEAM!

The engineer told me an engineer will need to work 8 days full time to address all the comments, which seems to be an exaggeration of the work involved.

Doing my dd on wholesale real estate and looking to get involved in the Lake County area.

I’ve been interested in RE investing for several years, as I’ve found that I’m good at digging up opportunities and closing, and I enjoy crunching numbers and analyzing problems.I’m interested in meeting people who have set up private money / private equity deals in the past, especially if it involved single-family residential buy-and-hold strategy.I’m also looking at pulling the trigger on the local Lifestyles Unlimited seminar, because I have a lot to learn, and also because I want access to what Lifestyles considers “best practices” in what will be my market.I’m happy to hear all sides of any idea and my hobbies include playing devil’s advocate and drumming at my local church.

@John Merritt   Remember transferring property involves to things: transferring the deed which transfers ownership of the actual property and the security instrument (mortgage, security deed or deed of trust) which shows who is on the hook for the $$ borrowed.