If you venture into landlording, be sure to have enough capital reserves for repair emergencies, vacancies, and evictions.

Unless you're handy yourself and have the experience in doing it I wouldn't recommend it as your first venture in REI.

I have a mentor and a partner that will be a huge help, since this is my first rehabbing venture. :)Here are my numbers -Purchase price - $150,000Rehab - $150,000ARV - $400-$450,000I am doing seller financing with a 4.5% rate...pretty sweet!

I feel they go hand in hand and I am here to extend those services to you in your next real estate venture.

I'm thinking you would probably want to create a Joint Venture agreement.

Each of you take title as tenants in common using each of your own entities and then use a joint venture agreement (JV).

(Joint Venture, Syndications, Trade completed units, etc.)

Am I better off going with a managed ROTH IRA until I accumulate the monies I need to venture into Notes, RE, and then roll it over to a SD IRA (uDirect)?

I must say, your website was the first we found when starting on this venture and you really taught us a lot and through it we found biggerpockets.

After doing a bit of due diligence, I came to the idea of wholesaling the properties to make a decent profit and use the funds to start my venture into renting properties.