I think I have the funds to buy a property but have a few questions and hope someone can point me in the right direction. 1.

I don't think the bank will let you assign over the right to your winning bid basically. 

I am much more into forced equity and getting into larger projects myself, but I live right here and have built an excellent team around me.

BiggerPockets is a goldmine for learning and networking, so you're in the right place.

Some areas to be careful of right now are Madison, Freedom, Bartlett, and Conway. 

Any recommendations for reinvesting right away small amounts of money when you are doing this on a self directed IRA?

A few days after signing the contract the seller left the back door open and a pop up thunderstorm blew in rain water ruining the bamboo floors.

Question - if I go to the old insurance company or even a different one - the question will be asked  in layman's terms "have you been turned down for insurance and if so was it non payment ,structure, etc"--- at that point I have to say 'yes' and 'roof' right?

It really depends on how much % of your VA Home Benefit you used up (have left over).

To make a really long story short, I have just completed a Short-Sale of a single-family home a business partner and I built in Horseshoe Bay, Texas, right outside of Austin, Texas.Our Operating Agreement states that we are to split 50%/50% of all expenses within the business and treat any unexpected monies due as loans and paid back equally amongst the partners.