We'll be waiting with bated breath P NW :roll:

He handles all our accounts be it IRA, Roth IRA's, inherited ROTH IRA's, and he eats, breathes, and sleeps teaching about prohibited transactions....

Wheather that is intentional or not, can be proved in court.

Financial goals, health goals, personal goals, this seems to be a time of the year for introspection and good intention, and yet so few of those dreams are reached.

I am wishing that someone out there is not discouraged due to what I have wrote because that is not my intent. 

Over the phone, he seemed like a cool guy, but was unclear on his intentions for the property I was offering.

You are going to see investors with all types of returns to ridiculously high ones to negative returns and some people that BS with their numbers (intentionally or unintentionally).

I'm hoping if we do this it will be able to give me some breathing room and I can start ramping up my savings plan and get some properties.

If you are only stationed there for a while, you may find that you can just drive downtown to enjoy the part of town you love and still come out way ahead if you live a little farther out.2) If you are intent on being in that location, go make some friends.

The offers will look something like this....Here's the letter of intent that I actually use when I'm trying to make a deal with a seller without having to commit to a contract: ( if you use it you'll have to clean it up a little, it didn't paste right on here)=============================================LETTER OF INTENT TO PURCHASEDate: Sept 22, 2006To: XXXXXXXFrom: XXXXX XXXXXXXXXXXX Inc.Re: 50-plex residential property located at: XXXXX, XXXXX, XXXXXThe following sets out the basic terms upon which we would be prepared to purchase the Property.